The following benches will not function during the period 27.07.09 to 31.07.09 and the cases are adjourned to respective dates. Please see separate Notice:-
“A-1, B-1, E-1, SMC & WT:”
“K” Bench cases will be heard by “L” Bench
Sd/-
(M.A. Bakshi)
Vice-President( M)
Date 22.07.09
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Sir,
Kindly help me with this.
Case:
Whether i have to compulsarily adjust the unabsorbed Business Loss in the Previous year where business Profit is below taxable limit?
Can i carry forward to the next assessment year, where i have the maximum advantage to set off that loss