CA Intermediate Exam > CA Intermediate Notes > Taxation for CA Intermediate > ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses
ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses | Taxation for CA Intermediate PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 1
5.1
LEARNING OUTCOMES
CHAPTER
5
AGGREGATION OF
INCOME, SET-OFF AND
CARRY FORWARD OF
LOSSES
After studying this chapter, you would be able to –
? identify the permissible inter-source and inter-head adjustments;
? identify the restrictions to inter-source and inter-head set-off of
losses;
? comprehend the conditions to be satisfied for carry forward and set-
off of losses under different heads;
? state the maximum period for which different losses can be carried
forward;
? comprehend and arrange the order of set-off of losses;
? apply the above provisions to arrive at the total income of an assessee.
© The Institute of Chartered Accountants of India
Page 2
5.1
LEARNING OUTCOMES
CHAPTER
5
AGGREGATION OF
INCOME, SET-OFF AND
CARRY FORWARD OF
LOSSES
After studying this chapter, you would be able to –
? identify the permissible inter-source and inter-head adjustments;
? identify the restrictions to inter-source and inter-head set-off of
losses;
? comprehend the conditions to be satisfied for carry forward and set-
off of losses under different heads;
? state the maximum period for which different losses can be carried
forward;
? comprehend and arrange the order of set-off of losses;
? apply the above provisions to arrive at the total income of an assessee.
© The Institute of Chartered Accountants of India
Unabsorbed loss from the activity of owning and
maintaining race horses can be carried forward for
maximum 4 AYs for set-off against income from the
activity of owning and maintaining race horses
Exceptions
Loss from
speculative business
Long term capital
loss
Loss from the activity of owning and
maintaining race horses
Exceptions
Loss under the head
“Profits and gains of
business or profession”
cannot be set off
against income under
the head “Salaries”
Loss under the head
“Capital gains” cannot
be set-off against
income under any
other head.
Speculation loss and loss
from the activity of owning
and maintaining race
horses cannot be set-off
against income under any
other head
Unabsorbed loss from house property can be carried
forward for maximum 8 AYs for set-off against income
from house property
Unabsorbed business loss can be carried forward for
maximum 8 AYs for set-off against profits and gains from
business or profession
Unabsorbed loss from speculation business can be
carried forward for maximum 4 AYs for set-off against
income from speculation business
Long-term capital loss can be carried forward for
maximum 8 AYs for set-off against long-term capital gains
Short-term capital loss can be carried forward for
maximum 8 AYs for set-off against capital gains
Set off and Carry forward & Set off of losses under default tax regime under section 115BAC
Inter-source set-off of losses under the same head of income Inter-head adjustment
Carry forward and Set-off of unabsorbed losses
Loss from house
property cannot be
set off against
income under any
other head
Note -
Following brought forward losses/ depreciation is not allowed to be set off while computing total income
under default tax regime under section 115BAC
1. Brought forward loss from self-occupied house property
2. Brought forward business loss of specified business u/s 35AD
3. Brought forward business loss on account of deduction u/s 35(1)(ii)/(iia)/(iii) or u/s 35(2AA)
4. Unabsorbed depreciation attributable to additional depreciation u/s 32(1)(iia).
CHAPTER OVERVIEW
INCOME TAX LAW
5. 2
© The Institute of Chartered Accountants of India
Page 3
5.1
LEARNING OUTCOMES
CHAPTER
5
AGGREGATION OF
INCOME, SET-OFF AND
CARRY FORWARD OF
LOSSES
After studying this chapter, you would be able to –
? identify the permissible inter-source and inter-head adjustments;
? identify the restrictions to inter-source and inter-head set-off of
losses;
? comprehend the conditions to be satisfied for carry forward and set-
off of losses under different heads;
? state the maximum period for which different losses can be carried
forward;
? comprehend and arrange the order of set-off of losses;
? apply the above provisions to arrive at the total income of an assessee.
© The Institute of Chartered Accountants of India
Unabsorbed loss from the activity of owning and
maintaining race horses can be carried forward for
maximum 4 AYs for set-off against income from the
activity of owning and maintaining race horses
Exceptions
Loss from
speculative business
Long term capital
loss
Loss from the activity of owning and
maintaining race horses
Exceptions
Loss under the head
“Profits and gains of
business or profession”
cannot be set off
against income under
the head “Salaries”
Loss under the head
“Capital gains” cannot
be set-off against
income under any
other head.
Speculation loss and loss
from the activity of owning
and maintaining race
horses cannot be set-off
against income under any
other head
Unabsorbed loss from house property can be carried
forward for maximum 8 AYs for set-off against income
from house property
Unabsorbed business loss can be carried forward for
maximum 8 AYs for set-off against profits and gains from
business or profession
Unabsorbed loss from speculation business can be
carried forward for maximum 4 AYs for set-off against
income from speculation business
Long-term capital loss can be carried forward for
maximum 8 AYs for set-off against long-term capital gains
Short-term capital loss can be carried forward for
maximum 8 AYs for set-off against capital gains
Set off and Carry forward & Set off of losses under default tax regime under section 115BAC
Inter-source set-off of losses under the same head of income Inter-head adjustment
Carry forward and Set-off of unabsorbed losses
Loss from house
property cannot be
set off against
income under any
other head
Note -
Following brought forward losses/ depreciation is not allowed to be set off while computing total income
under default tax regime under section 115BAC
1. Brought forward loss from self-occupied house property
2. Brought forward business loss of specified business u/s 35AD
3. Brought forward business loss on account of deduction u/s 35(1)(ii)/(iia)/(iii) or u/s 35(2AA)
4. Unabsorbed depreciation attributable to additional depreciation u/s 32(1)(iia).
CHAPTER OVERVIEW
INCOME TAX LAW
5. 2
© The Institute of Chartered Accountants of India
Exceptions
Loss from
speculative business
Loss from specified business u/s
35AD
Long term capital
loss
Loss from the activity of owning and
maintaining race horses
Exceptions
Loss under the head
“Profits and gains of
business or profession”
cannot be set off
against income under
the head “Salaries”
Loss under the head “Capital
gains” cannot be set-off against
income under any other head.
Speculation loss, loss from
specified business u/s
35AD and loss from the
activity of owning and
maintaining race horses
cannot be set-off against
income under any other
head
Unabsorbed loss from house property can be carried
forward for maximum 8 AYs for set-off against income
from house property
Unabsorbed business loss can be carried forward for
maximum 8 AYs for set-off against profits and gains from
business or profession
Unabsorbed loss from speculation business can be
carried forward for maximum 4 AYs for set-off against
income from speculation business
Unabsorbed loss from specified business under section
35AD can be carried forward for indefinite period for set-
off against profit from any specified business
Long-term capital loss can be carried forward for
maximum 8 AYs for set-off against long-term capital gains
Short-term capital loss can be carried forward for
maximum 8 AYs for set-off against capital gains
Loss from house
property can be set off
against income under
any other head only to
the extent of
` 2 lakhs
Set off and Carry forward & Set off of losses under normal provisions of the Act
Inter-source set-off of losses under the same head of income Inter-head adjustment
Carry forward and Set-off of unabsorbed losses
Unabsorbed loss from the activity of owning and
maintaining race horses can be carried forward for
maximum 4 AYs for set-off against income from the
activity of owning and maintaining race horses
5.
3
AGGREGATION OF INCOME, SET-OFF AND CARRY
FORWARD OF LOSSES
© The Institute of Chartered Accountants of India
Page 4
5.1
LEARNING OUTCOMES
CHAPTER
5
AGGREGATION OF
INCOME, SET-OFF AND
CARRY FORWARD OF
LOSSES
After studying this chapter, you would be able to –
? identify the permissible inter-source and inter-head adjustments;
? identify the restrictions to inter-source and inter-head set-off of
losses;
? comprehend the conditions to be satisfied for carry forward and set-
off of losses under different heads;
? state the maximum period for which different losses can be carried
forward;
? comprehend and arrange the order of set-off of losses;
? apply the above provisions to arrive at the total income of an assessee.
© The Institute of Chartered Accountants of India
Unabsorbed loss from the activity of owning and
maintaining race horses can be carried forward for
maximum 4 AYs for set-off against income from the
activity of owning and maintaining race horses
Exceptions
Loss from
speculative business
Long term capital
loss
Loss from the activity of owning and
maintaining race horses
Exceptions
Loss under the head
“Profits and gains of
business or profession”
cannot be set off
against income under
the head “Salaries”
Loss under the head
“Capital gains” cannot
be set-off against
income under any
other head.
Speculation loss and loss
from the activity of owning
and maintaining race
horses cannot be set-off
against income under any
other head
Unabsorbed loss from house property can be carried
forward for maximum 8 AYs for set-off against income
from house property
Unabsorbed business loss can be carried forward for
maximum 8 AYs for set-off against profits and gains from
business or profession
Unabsorbed loss from speculation business can be
carried forward for maximum 4 AYs for set-off against
income from speculation business
Long-term capital loss can be carried forward for
maximum 8 AYs for set-off against long-term capital gains
Short-term capital loss can be carried forward for
maximum 8 AYs for set-off against capital gains
Set off and Carry forward & Set off of losses under default tax regime under section 115BAC
Inter-source set-off of losses under the same head of income Inter-head adjustment
Carry forward and Set-off of unabsorbed losses
Loss from house
property cannot be
set off against
income under any
other head
Note -
Following brought forward losses/ depreciation is not allowed to be set off while computing total income
under default tax regime under section 115BAC
1. Brought forward loss from self-occupied house property
2. Brought forward business loss of specified business u/s 35AD
3. Brought forward business loss on account of deduction u/s 35(1)(ii)/(iia)/(iii) or u/s 35(2AA)
4. Unabsorbed depreciation attributable to additional depreciation u/s 32(1)(iia).
CHAPTER OVERVIEW
INCOME TAX LAW
5. 2
© The Institute of Chartered Accountants of India
Exceptions
Loss from
speculative business
Loss from specified business u/s
35AD
Long term capital
loss
Loss from the activity of owning and
maintaining race horses
Exceptions
Loss under the head
“Profits and gains of
business or profession”
cannot be set off
against income under
the head “Salaries”
Loss under the head “Capital
gains” cannot be set-off against
income under any other head.
Speculation loss, loss from
specified business u/s
35AD and loss from the
activity of owning and
maintaining race horses
cannot be set-off against
income under any other
head
Unabsorbed loss from house property can be carried
forward for maximum 8 AYs for set-off against income
from house property
Unabsorbed business loss can be carried forward for
maximum 8 AYs for set-off against profits and gains from
business or profession
Unabsorbed loss from speculation business can be
carried forward for maximum 4 AYs for set-off against
income from speculation business
Unabsorbed loss from specified business under section
35AD can be carried forward for indefinite period for set-
off against profit from any specified business
Long-term capital loss can be carried forward for
maximum 8 AYs for set-off against long-term capital gains
Short-term capital loss can be carried forward for
maximum 8 AYs for set-off against capital gains
Loss from house
property can be set off
against income under
any other head only to
the extent of
` 2 lakhs
Set off and Carry forward & Set off of losses under normal provisions of the Act
Inter-source set-off of losses under the same head of income Inter-head adjustment
Carry forward and Set-off of unabsorbed losses
Unabsorbed loss from the activity of owning and
maintaining race horses can be carried forward for
maximum 4 AYs for set-off against income from the
activity of owning and maintaining race horses
5.
3
AGGREGATION OF INCOME, SET-OFF AND CARRY
FORWARD OF LOSSES
© The Institute of Chartered Accountants of India
INCOME TAX LAW
5.4
1. AGGREGATION OF INCOME
In certain cases, some amounts are deemed as income in the hands of the assessee
though they are actually not in the nature of income. These cases are contained in
sections 68, 69, 69A, 69B, 69C and 69D. These are discussed in detail in Chapter 1.
The Assessing Officer may require the assessee to furnish explanation in such cases.
If the assessee does not offer any explanation or the explanation offered by the
assessee is not satisfactory, the amounts referred to in these sections would be
deemed to be the income of the assessee. Such amounts have to be aggregated
with the assessee’s income.
2. CONCEPT OF SET-OFF AND CARRY FORWARD
OF LOSSES
Specific provisions have been made in the Income-tax Act, 1961 for the set-off and
carry forward of losses. In simple words, “Set-off” means adjustment of losses
against the profits from another source/head of income in the same assessment
year. If losses cannot be set-off in the same year due to inadequacy of eligible
profits, then such losses are carried forward to the next assessment year for
adjustment against the eligible profits of that year. The maximum period for which
different losses can be carried forward for set-off has been provided in the Act.
3. INTER SOURCE ADJUSTMENT [SECTION 70]
(i) Inter-source set-off of losses: Under this section, the losses incurred by the
assessee in respect of one source shall be set-off against income from any
other source under the same head of income, since the income under each
head is to be computed by grouping together the net result of the activities
of all the sources covered by that head. In simpler terms, loss from one source
of income can be adjusted against income from another source, both the
sources being under the same head.
Example : Loss from one house property can be set off against the income
from another house property.
© The Institute of Chartered Accountants of India
Page 5
5.1
LEARNING OUTCOMES
CHAPTER
5
AGGREGATION OF
INCOME, SET-OFF AND
CARRY FORWARD OF
LOSSES
After studying this chapter, you would be able to –
? identify the permissible inter-source and inter-head adjustments;
? identify the restrictions to inter-source and inter-head set-off of
losses;
? comprehend the conditions to be satisfied for carry forward and set-
off of losses under different heads;
? state the maximum period for which different losses can be carried
forward;
? comprehend and arrange the order of set-off of losses;
? apply the above provisions to arrive at the total income of an assessee.
© The Institute of Chartered Accountants of India
Unabsorbed loss from the activity of owning and
maintaining race horses can be carried forward for
maximum 4 AYs for set-off against income from the
activity of owning and maintaining race horses
Exceptions
Loss from
speculative business
Long term capital
loss
Loss from the activity of owning and
maintaining race horses
Exceptions
Loss under the head
“Profits and gains of
business or profession”
cannot be set off
against income under
the head “Salaries”
Loss under the head
“Capital gains” cannot
be set-off against
income under any
other head.
Speculation loss and loss
from the activity of owning
and maintaining race
horses cannot be set-off
against income under any
other head
Unabsorbed loss from house property can be carried
forward for maximum 8 AYs for set-off against income
from house property
Unabsorbed business loss can be carried forward for
maximum 8 AYs for set-off against profits and gains from
business or profession
Unabsorbed loss from speculation business can be
carried forward for maximum 4 AYs for set-off against
income from speculation business
Long-term capital loss can be carried forward for
maximum 8 AYs for set-off against long-term capital gains
Short-term capital loss can be carried forward for
maximum 8 AYs for set-off against capital gains
Set off and Carry forward & Set off of losses under default tax regime under section 115BAC
Inter-source set-off of losses under the same head of income Inter-head adjustment
Carry forward and Set-off of unabsorbed losses
Loss from house
property cannot be
set off against
income under any
other head
Note -
Following brought forward losses/ depreciation is not allowed to be set off while computing total income
under default tax regime under section 115BAC
1. Brought forward loss from self-occupied house property
2. Brought forward business loss of specified business u/s 35AD
3. Brought forward business loss on account of deduction u/s 35(1)(ii)/(iia)/(iii) or u/s 35(2AA)
4. Unabsorbed depreciation attributable to additional depreciation u/s 32(1)(iia).
CHAPTER OVERVIEW
INCOME TAX LAW
5. 2
© The Institute of Chartered Accountants of India
Exceptions
Loss from
speculative business
Loss from specified business u/s
35AD
Long term capital
loss
Loss from the activity of owning and
maintaining race horses
Exceptions
Loss under the head
“Profits and gains of
business or profession”
cannot be set off
against income under
the head “Salaries”
Loss under the head “Capital
gains” cannot be set-off against
income under any other head.
Speculation loss, loss from
specified business u/s
35AD and loss from the
activity of owning and
maintaining race horses
cannot be set-off against
income under any other
head
Unabsorbed loss from house property can be carried
forward for maximum 8 AYs for set-off against income
from house property
Unabsorbed business loss can be carried forward for
maximum 8 AYs for set-off against profits and gains from
business or profession
Unabsorbed loss from speculation business can be
carried forward for maximum 4 AYs for set-off against
income from speculation business
Unabsorbed loss from specified business under section
35AD can be carried forward for indefinite period for set-
off against profit from any specified business
Long-term capital loss can be carried forward for
maximum 8 AYs for set-off against long-term capital gains
Short-term capital loss can be carried forward for
maximum 8 AYs for set-off against capital gains
Loss from house
property can be set off
against income under
any other head only to
the extent of
` 2 lakhs
Set off and Carry forward & Set off of losses under normal provisions of the Act
Inter-source set-off of losses under the same head of income Inter-head adjustment
Carry forward and Set-off of unabsorbed losses
Unabsorbed loss from the activity of owning and
maintaining race horses can be carried forward for
maximum 4 AYs for set-off against income from the
activity of owning and maintaining race horses
5.
3
AGGREGATION OF INCOME, SET-OFF AND CARRY
FORWARD OF LOSSES
© The Institute of Chartered Accountants of India
INCOME TAX LAW
5.4
1. AGGREGATION OF INCOME
In certain cases, some amounts are deemed as income in the hands of the assessee
though they are actually not in the nature of income. These cases are contained in
sections 68, 69, 69A, 69B, 69C and 69D. These are discussed in detail in Chapter 1.
The Assessing Officer may require the assessee to furnish explanation in such cases.
If the assessee does not offer any explanation or the explanation offered by the
assessee is not satisfactory, the amounts referred to in these sections would be
deemed to be the income of the assessee. Such amounts have to be aggregated
with the assessee’s income.
2. CONCEPT OF SET-OFF AND CARRY FORWARD
OF LOSSES
Specific provisions have been made in the Income-tax Act, 1961 for the set-off and
carry forward of losses. In simple words, “Set-off” means adjustment of losses
against the profits from another source/head of income in the same assessment
year. If losses cannot be set-off in the same year due to inadequacy of eligible
profits, then such losses are carried forward to the next assessment year for
adjustment against the eligible profits of that year. The maximum period for which
different losses can be carried forward for set-off has been provided in the Act.
3. INTER SOURCE ADJUSTMENT [SECTION 70]
(i) Inter-source set-off of losses: Under this section, the losses incurred by the
assessee in respect of one source shall be set-off against income from any
other source under the same head of income, since the income under each
head is to be computed by grouping together the net result of the activities
of all the sources covered by that head. In simpler terms, loss from one source
of income can be adjusted against income from another source, both the
sources being under the same head.
Example : Loss from one house property can be set off against the income
from another house property.
© The Institute of Chartered Accountants of India
5.5
AGGREGATION OF INCOME, SET-OFF AND CARRY
FORWARD OF LOSSES
Example : Loss from one business, say textiles, can be set off against income
from any other business, say printing, in the same year as both these sources
of income fall under one head of income. Therefore, the loss in one business
may be set-off against the profits from another business in the same year.
(ii) Impermissible inter-source set-off: Inter-source set-off, however, is not
permissible in the following cases -
(a) Long-term capital loss [Section 70(3)]
Short-term capital loss is allowed to be set off against both short-term
capital gain and long-term capital gain. However, long-term capital loss
can be set-off only against long-term capital gain and not against short-
term capital gain.
(b) Speculation loss [Section 73(1)]
A loss in speculation business can be set-off only against the profits of
any other speculation business and not against any other business or
professional income.
However, losses from other business can be adjusted against profits
from speculation business.
(c) Loss from the activity of owning and maintaining race horses
[Section 74A(3)]
Such loss can be set-off only against income from the activity of owning
and maintaining race horses.
(d) Losses from Specified business [Section 73A(1)]
In case of an assessee exercising the option of shifting out of the default
tax regime provided under section 115BAC(1A), loss in any specified
business referred in section 35AD can be set-off only against any other
specified business.
However, losses from other business can be set-off against profits from
specified business.
Loss from an exempt source cannot be set-off against
income from a taxable source of income.
© The Institute of Chartered Accountants of India
Read More
|
42 videos|98 docs|12 tests
|
Related Exams
About this Document
|
Nov 17, 2024 Last updated |
Document Description: ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses for CA Intermediate 2024 is part of Taxation for CA Intermediate preparation.
The notes and questions for ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses have been prepared according to the CA Intermediate exam syllabus. Information about ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses covers topics
like and ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses Example, for CA Intermediate 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses.
Introduction of ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses in English is available as part of our Taxation for CA Intermediate
for CA Intermediate & ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses in Hindi for Taxation for CA Intermediate course.
Download more important topics related with notes, lectures and mock test series for CA Intermediate
Exam by signing up for free. CA Intermediate: ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses | Taxation for CA Intermediate
Description
Full syllabus notes, lecture & questions for ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses | Taxation for CA Intermediate - CA Intermediate | Plus excerises question with solution to help you revise complete syllabus for Taxation for CA Intermediate | Best notes, free PDF download
Information about ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses
In this doc you can find the meaning of ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses defined & explained in the simplest way possible. Besides explaining types of
ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses theory, EduRev gives you an ample number of questions to practice ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses tests, examples and also practice CA Intermediate
tests
|
Explore Courses for CA Intermediate exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
study material
,Viva Questions
,practice quizzes
,Sample Paper
,Important questions
,ICAI Notes: Aggregation of Income
,mock tests for examination
,shortcuts and tricks
,Objective type Questions
,ICAI Notes: Aggregation of Income
,Extra Questions
,Exam
,video lectures
,past year papers
,MCQs
,Free
,ICAI Notes: Aggregation of Income
,Set-off and Carry Forward of Losses | Taxation for CA Intermediate
,Semester Notes
,Set-off and Carry Forward of Losses | Taxation for CA Intermediate
,Set-off and Carry Forward of Losses | Taxation for CA Intermediate
,Previous Year Questions with Solutions
,ppt
,Summary
;
Additional Information about ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses for CA Intermediate Preparation
ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses Free PDF Download
The ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses is an invaluable resource that delves deep into the core of the CA Intermediate exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses now and kickstart your journey towards success in the CA Intermediate exam.
Importance of ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses
The importance of ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses cannot be overstated, especially for CA Intermediate aspirants.
This document holds the key to success in the CA Intermediate exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses
ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses Notes on EduRev are your ultimate resource for success.
ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses CA Intermediate Questions
The "ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses CA Intermediate Questions" guide is a valuable resource for all aspiring students preparing for the
CA Intermediate exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses on the App
Students of CA Intermediate can study ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of ICAI Notes: Aggregation of Income, Set-off and Carry Forward of Losses is prepared as per the latest CA Intermediate syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup