Carry forward and losses

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 October 2012 Is a firm allowed to carry forward share of accumulated loss of a retired/deceased partner?

CA Pooja Agarwal (Expert)
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29 October 2012 no its not aloowed

Querist : Anonymous

Querist : Anonymous (Querist)

29 October 2012 why they are allowed under any section is there

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