tax liability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2010
In my Co. net profit as per P\L-272447.77, and short term loss -349423 & long term lose 512887.85, and Short term profit is 1426589.05 and Dividend income is 2650. LAST YEAR SHORT TERM ISLOSS B\F IS 85461, FOR THE ASSESSMENT YEAR 2009-2010,
PL. TELL HOW MUCH TAX WILL BE PAID
PL. TELL HOW MUCH TAX WILL BE PAID
16 April 2010
you can set off all the losses even carry foreard losses against short term capital profit except current year long term losses amounting to Rs. 512887.85.
current year LTC loss can be carry forward to next year for set off.
current year LTC loss can be carry forward to next year for set off.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
