mr hussey has
1. business loss rs 130000
2. salary 240000
3. speculation gain 110000
total income for taxability?
Total income: 2,40,000.
Business loss to be carried forward: 1,30,000 - 1,10,000 (set-off) = 20,000.
Kajal Khetwani (236 Points)
03 June 2017