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Sanskar Garg

Sec 79 of Income Tax Act, 1961: Carry forward and set off of losses in case of certain companies

#incometax #incometaxlaws #setoff #carryforwards #specialcompanies #incometaxact1961 #taxation The Income Tax Law does recognize that in...

Shruti Sharma

#section72 #incometaxact #carryforward #businesslosses Section 72(1) Where for any assessment year, the net result of the computation...

Shruti Sharma

#section71B #incometaxact #carryforward #loss #houseproperty A loss under the head house property can be set off against any income...