had a loss of 188000 in AY 2018-19
now having a taxable income so is it necessary that i should settle the same in AY 2019-20
or i can settle it further years
Menu
last year loss settlement
Replies (1)
you have to setoff losses of A.Y 18-19 with the income of the A.Y 19.20, no carry forward without setoff.
Recent Threads
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
Related Threads
CAclubindia
