Brought forward loss

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 September 2016 If Brought Forward loss and current year loss also then which can be first adjusted brought forward loss or current year loss,

CA SAGAR M. AHUJA (Expert)
Follow

05 September 2016 Obviously, BF Losses because if it is not set off in next 8 A.Y than it is Lapsed..
Thanks.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess