CA Prakash (Chartered Accountant) (475 Points)
07 September 2014Income includes ‘loss’ and all loss can’t be adjusted against income. The Income-Tax Act, 1961, allows set-off and carry-forward of the loss incurred by any assessee subject to some restrictions.
Here is a quiz to test your knowledge on set off and carry forward losses.
Please share this if you like it. Offer your comment and let me know which topic you would like to have quiz.
Sakthi Baskaran
(Chartered Accountant)
(141 Points)
Replied 07 September 2014
CA Prakash
(Chartered Accountant)
(475 Points)
Replied 08 September 2014
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sneha khemka
(CA, article assistant)
(72 Points)
Replied 08 September 2014
Awsome Quiz.... my score is 5/6.
waiting for more boost up
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 08 September 2014
| Originally posted by : Sakthi Baskaran | ||
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Dear Sir, I'm happy that I scored 6 out of 6....a very good quiz.awaiting for more... |
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Yes waiting for more such quizes....thanks a lot for sharing.....
Anisha Sharma
(Student CA Final )
(49 Points)
Replied 08 September 2014
CAclubindia
