set off and carry forward
This query is : Resolved
21 October 2009
i reaad in many books, notes etc. that assessee must be same for carry forward and set off of business losses.
but i could not find the same in Income tax act.
please give the section for this provision.
thank u
but i could not find the same in Income tax act.
please give the section for this provision.
thank u
22 October 2009
Dear Anshu,
Refer Section 78 and 79 of Income Tax Act.
Thanks
Refer Section 78 and 79 of Income Tax Act.
Thanks
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