Relief to start-ups in carrying forward and setting off of losses

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....which the public is substantially interested. It prohibits setting off of carried forward losses if there is change in shareholding. The carried forward loss is set off only if at least 51% shareholding (as on the last date of the previous year) remains same with the company on the last date of the previous year to which the loss belongs. 2. However, some relaxation has been provided in case of a....