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Net Loss

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(Querist)
17 December 2020 SIR
We are GTA (Not opting GST -12% or 5%) and having the net loss of Rs.4,77,828/- during the end of the last year (2018-19). Can We adjust the same in this year (2019-20) ?

Clear My doubts plz
Thanks in adv
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
17 December 2020 Yes business loss can be set offin 8 years

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