Interested to Buy Any Domain ? << Click Here >> for more details...
assume we have a loss for the last finacial year ,when we
are calculating income tax for this year how would be
affected last year loss
- 3 Answers
- 6100 Views
- I also Faced
- E-Mail Answers
Answer Posted / arjun bassi
first of all if a company or a firm has a loss it has to
compulsory file the return under section 139(3).
if we have a loss under any of the head of income in last
year then it can be carry forward or set off in the next
year from that particular head of income subject to certain
exceptions as per income tax act,1956 . As by doing this
we have to pay more tax as compared by not carrying forward
of losses.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..
WHEN FORM VAT R-2 USE?
if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent
Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.
How do I get a C form with the bank Guarantee?
if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount
OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?
What is difference between Contract and legel and legel and profession service???? I had face this question in interview
we issued the H form for the 1st quarter 2014-15 but in the 2A we posted the wrong TIN no of party and H form is also contains the wrong TIN No.if anybody know the correct procedure for correction of H Form kindly tell us.
kindly advise me any set off in excise duty in maharashtra
Is there any change in the section 80DD for the financial year 2009-10
WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify
How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?
Why service tax payable is not considered while calculating Wct Tds.
