EASYOFFICE
EASYOFFICE

carry forward n set off

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(Querist)
30 July 2010 as per sec 73A any loss computed in respect of any specified bussiness referred to in section 35AD shall be set off only against profits n gains of any specified business.....but what is the time limit of this set off or carry forward?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
30 July 2010 http://wirc-icai.org/wirc_referencer/Income%20Tax%20&%20Wealth%20Tax/Set%20off%20And%20Carry%20Forward%20of%20Losses.htm

Please check above link for details.

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