Hello Everyone
Can a company adjust any of its past financial losses against future profits?
Menu
The concept of carry forward loss in the next financial years
Replies (1)
Yes, provided the returns filed u/s. 139(1) of IT act, and losses declared therein.
Recent Threads
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
Related Threads
CAclubindia
