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Kashyap Joshi (Proprietor ) (260 Points)
Replied 06 November 2009

Originally posted by :D н ! я σ √
" And Kashyap,, if IT Dept or ICAI wud have come and clarified for anything ever...
 
To koi doubt ya problem kabhi aate hi nahi mere bhai... They just declare,, but never clarify...
"

 

 

 

Yeah, u r right brother. And its bcoz of such people who say that depre. can be setoff against salary income and try to find loop holes in each and everything, we have to refer such long and so many acts, laws, rules and regulations.

 

Refer pg. no. 134 in singhania's book of 40 th edition, nov. 2008


CA SHYAM LAL SHARMA (CHARTERED ACCOUNTANT) (125 Points)
Replied 25 November 2009

i think it can be set off

 



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