Unabsorbed business depreciation can be carried forward; business loss can offset short-term capital gains u/s 139(1).

Unabsorbed business depreciation can be carried forward; business loss can offset short-term capital gains u/s 139(1). https://www.taxtmi.com/highlights?id=42536 Carry forward of unabsorbed business depreciation as per computation of income filed alongwith original return u/s 139(1) - Business loss set off against income from short term capital gain - Since there is no restriction, set off and carry forward allowed. en-us Thu, 08 Nov 2018 11:41:19 +0530 Thu, 08 Nov 2018 11:41:19 +0530 TaxTMI RSS Generator Unabsorbed business depreciation can be carried forward; business loss can offset short-term capital gains u/s 139(1). https://www.taxtmi.com/highlights?id=42536 Carry forward of unabsorbed business depreciation as per computation of income filed alongwith original return u/s 139(1) - Business loss set off against income from short term capital gain - Since there is no restriction, set off and carry forward allowed. Highlights Income Tax Thu, 08 Nov 2018 11:41:19 +0530 https://www.taxtmi.com/highlights?id=42536