Set off & carrie forward of business loss
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 September 2012
SIR,
Whether legal heir can carried forward business loss after the death of assessee?
Whether legal heir can carried forward business loss after the death of assessee?
03 September 2012
yes, the elgal heir has the right to set off the losses of the predecessor upon death of the predecessor
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2012
Is it necessary to continue the same business?
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