Articles by KAVITHA M S
View Full Profile
Meaning of Set off and carry forward of losses
KAVITHA M S 08 July 2016 at 10:46As per Income Tax Act 1961, a Person as defined in Section 2(31) can set off and Carry forward the losses incurred. It has been updated till Budget 2018.
Popular Articles
- No More Forced ITC Order: New Rules from Jan 2026
- Income Tax Return Filing Due Date For AY 26-27: Full Details With New Updates
- Revised Return Due Date Extension
- TDS Rate Chart For Tax Year 2026-27: With Revised Section Codes in Challans
- Simplified GST Changes in Budget 2026: Finance Bill 2026 CGST and IGST Amendments
- Tax Deduction Rules for Employee Contributions From April 2026
- ICAI, ICSI & ICMAI to Launch Short-Term Courses to Develop 'Corporate Mitras' in Tier-II & III Towns
- Income Tax Amendments in Budget 2026: Topic-wise Summary of Key Proposals
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
