https://www.taxtmi.com/acts?id=10538 Losses from a specified business may be set off only against profits and gains of other specified businesses; any unrelieved loss shall, subject to other Chapter provisions, be carried forward to subsequent assessment years and set off against assessable profits of specified business in those years, with any remaining amount carried forward further until exhausted. en-us Tue, 07 Jul 2009 15:53:49 +0530 Tue, 07 Jul 2009 15:53:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10538 Losses from a specified business may be set off only against profits and gains of other specified businesses; any unrelieved loss shall, subject to other Chapter provisions, be carried forward to subsequent assessment years and set off against assessable profits of specified business in those years, with any remaining amount carried forward further until exhausted. Act-Rules Bills Tue, 07 Jul 2009 15:53:49 +0530 https://www.taxtmi.com/acts?id=10538