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
- 6027 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
Income Tax Returns needs to be filed by a business entity
for every Assessment year and the loss calculated as per the
Income Tax Act, 1961 can be carried forward to the next
Assessment year.
While computing Income Tax for the Current Assessment year,
the loss brought forward from last can be set off as per the
provisions of Income Tax Act.
For more Information & practical guidance, contact a
Chartered Accountant or a Tax Practitioner.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
anybody pls tell me about the service tax
How much is the VAT in UAE
I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me
HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?
Define financial year?
How to reconcilation of modvat
Define deferred tax liability? What items come under deferred tax liability?
Is wct charged on firm or proprietors ?
can we purchase software agaist Form under In the telecommunications network; or
What items fall under the category of ‘securities’?
please tel me Karnataka vat,sale tax deposit from and return from
80DD Dediction
How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?
Pl give the abstract details of Karnataka VAT Payment procedure, rebating, returns filing in connection of manufacture, distributer & retailer.
WHEN I 1ST TIME VAT E-RETURN FILLING WHAT IS THE REQUIREMENT & HOW FOOL FILL THE REQUIRMENT , HOW I GET C FORM THROW VAT E-RETURN FILLING FOR THIS WHAT STEPS NEED FOR ANY REGESTRATION TO GET ID & PASSWORD IF ELSE , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com
