set off
Sunil Ahmad (Student) (1511 Points)
24 March 2018Sunil Ahmad (Student) (1511 Points)
24 March 2018
Sunil Ahmad
(Student)
(1511 Points)
Replied 24 March 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170682 Points)
Replied 25 March 2018
No, not possible.......
Example......... loss c/f.......... -10000/- say
PY profit before set off........ +4000/-
So what will be net effect (income) from IFHP of PY......... Just -6000/- or (+4000 & -10000) two different figures?.....
Sunil Ahmad
(Student)
(1511 Points)
Replied 25 March 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170682 Points)
Replied 25 March 2018
Same head........ mandatory to set off...........
If set off against other head, can be postponed........
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)