https://www.taxtmi.com/highlights?id=15297 Prior period expenses – even if this expenses are allowed in the earlier years i.e. A.Y. 2000-2001, it will ultimately be adjusted in the present year, by way of set off of brought forward loss, and therefore, it will make no difference even if deduction is allowed in the present year - claim allowed - AT en-us Fri, 25 Oct 2013 17:08:12 +0530 Fri, 25 Oct 2013 17:08:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15297 Prior period expenses – even if this expenses are allowed in the earlier years i.e. A.Y. 2000-2001, it will ultimately be adjusted in the present year, by way of set off of brought forward loss, and therefore, it will make no difference even if deduction is allowed in the present year - claim allowed - AT Highlights Income Tax Fri, 25 Oct 2013 17:08:12 +0530 https://www.taxtmi.com/highlights?id=15297