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Question ID : 348

Allowability of set off benefit of the past business losses prior to 01-04-2000 against the income of Ay 2001-02 or afterwards

Whether the carried forward accumuted busess es prior to 01-04-2000 can be set off agast the busess come of years after 01-04-2000 when the busess from which es were carried forward is discontued or closed ? '

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Posted by P.P.Maiya on Sep 24, 2005
Filed Under DIRECT TAXES

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