last year loss settlement

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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
Replies (2)

Earliest set off of brought forward losses from the income of current year under same head is mandatory.

Earliest set off of brought forward losses from the income of current year under same head is mandatory.


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