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Direct Taxation
Hi sir, hope you're well. Under Income From Other Sources, carry forward period for owning and maintain racehorses is up to 4 AYs. Loss from casual income can't be setoff/ carried forward. What is the carry forward period for normal loss in this head please? Thanks Video Details P3A - Income Tax (New) Chp 6 - Aggregation of Income, Set off and Carry forward of losses 7. Set off Carry Forward of Loss
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