Section 75 of the Income Tax Act: Losses of firms
Section 75 of the Income Tax Act: Losses of firms: Where the assessee is a firm, any loss in relation to the assessment year commencing...
Section 75 of the Income Tax Act: Losses of firms: Where the assessee is a firm, any loss in relation to the assessment year commencing...
Carry forward of losses: After making the appropriate and permissible intra-head and inter-head adjustments, there could still be unadjusted losses. These unadjusted losses can be...
Carry forward of losses: After making the appropriate and permissible intra-head and inter-head adjustments, there could still be unadjusted losses. These unadjusted losses can be...
Carry forward of losses: After making the appropriate and permissible intra-head and inter-head adjustments, there could still be unadjusted losses. These unadjusted losses can be...
After making the appropriate and permissible intra-head and inter-head adjustments, there could still be unadjusted losses. These unadjusted losses can be carried forward to future...
Losses from Non-speculative Business (regular business) loss : Can be carry forward up to next 8 assessment years from the assessment year in which the...
Carry forward of losses: After making the appropriate and permissible intra-head and inter-head adjustments, there could still be unadjusted losses. These unadjusted losses can be...
Set off of losses Set off of losses means adjusting the losses against the profit or income of that particular year. Losses that are not...
Set off of losses Set off of losses means adjusting the losses against the profit or income of that particular year. Losses that are not...
Section 25 of the Income Tax Act 1961 (Amounts not deductible from income from house property): Notwithstanding anything contained in section 24, any interest chargeable...