Analysis of Section 79 – Carry forward & set off of losses in companies

• September 24, 2019
• CA Chandan Agarwal's Office

Analysis of Section 79 of Companies Act, 1961 -Carry forward and set off of losses in companies

Section 79 of the Income Tax Act, 1961 deals with the carry forward of losses for certain class of companies which satisfy the conditions specified in Sec.79

Below is the analysis on carry forward of losses in case of filing of Income Tax return by Companies:

Read more on: https://taxguru.in/income-tax/section-79-carry-set-losses-companies.html