15 August 2015
my quary is that a company incurred loss on 31.03.2009 something 2 crore. thereafter company is take over by another company and for A.Y. 2013-14, he adjust loss of A.Y. 2009-10 amounting 2 crore. while shareholding is less than 51 % comparative to A.Y. 2009 to 2013-14, please explain that loss will be set off or not.
CAclubindia
