setoff business loss & Depreciation loss

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..... I have both business loss and depreciation loss from 2002/03 on wards till 2007/08 Profits from the 2008/09 on wards. Pl advice whether business loss to be adjusted against the profit first agains .....

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..... t carry forward losses first? and then to adjust depreciation loss? - Reply By CA GOPALJI AGRAWAL - The Reply = Carried forward business loss is adjusted first before unabsorbed depreciation u/s .....

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..... 32(2) . - Reply By Jyoti Sahoo - The Reply = yes am agree with Mr.Gopaji. - setoff business loss & Depreciation loss - Query Started By: - Dwarakanath sriknatiah Dated:- 13-9-2012 Income Tax - Go .....

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..... t 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - .....

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..... TaxTMI - TMITax .....

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