Allowability and Rule of Carry Forward and Set off Of Losses Under Income Tax Law | RAM DUTT SHARMA | Commercial Law Publishers | Edition 2023

This book provides an in-depth understanding of the rules and regulations related to the carry forward and set-off of losses under Indian income tax law. It is a valuable resource for tax professionals, businesses, and individuals seeking to maximize their tax benefits by utilizing carry-forward provisions effectively.

Key Features:

• Carry Forward and Set-Off Rules: Detailed explanations of how taxpayers can carry forward and set off various types of income losses (e.g., business losses, capital losses).
• Legal Insights: The book provides insights into the legal framework surrounding the carry-forward of losses under the Income Tax Act.
• Practical Examples: It includes real-world examples and case studies to illustrate how these provisions apply in practice.
• Expert Commentary: Authored by RAM DUTT SHARMA, the book offers authoritative guidance based on extensive knowledge of Indian tax laws.

This book is essential for anyone involved in tax planning, helping to navigate complex provisions of loss carry-forward and set-off rules.