Business Loss
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 December 2009
Can business losses be set-off against interest income earned from investments made in a pvt ltd company.
21 December 2009
It can be set off only in the year in which loss is incurred. B/F business losses can be set up only from business profits.
21 December 2009
agree with mr lalit
21 December 2009
agree to both experts
21 December 2009
agree
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