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Simi Chowdhary

Simi Chowdhary

CA Inter

6K+

04-Oct-20

69

Answers (2)

Deduction available is 12lakhs, assumed that 5years had not elapsed since the unit was set up (13 x 120/130) =12lakhs So income from S =13-12=1lakh Income from domestic business +1lakh -brought forward loss =IFPGBP


Satya  Shashank

Satya Shashank

CA Inter

13K+

05-Oct-20

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