Profit
Kaushal Suthar (23 Points)
25 August 2018
whether profit includes any loss incurred by the assessee ?
Kaushal Suthar (23 Points)
25 August 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 25 August 2018
Yes, If Loss is set off against Profit then Profit includes that much portion of loss
Kaushal Suthar
(23 Points)
Replied 25 August 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 25 August 2018
Check out set off chapter of Act
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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