Understand set off and carry forward of losses per sections 70-80 of Income Tax Act, 1961. Covers loss adjustments for income types and carry-forward periods.
1. Brief Summary of Provision for providing IGST exemption on Import of Covid-19 Relief material and medicine of Black fungus ‘Amphotericin B’ With the second wave of the ongoing pandemic, Government of India has taken remarkable steps on the war footing basis to make the life-saving materials like as oxygen concentrators, other oxygen storage and […]