Anika Nawer Supa

Set off and carry forward of losses in taxation

Set off means adjustment of losses from some heads with income of other head(s) to get the taxable income. The provision of set off is laid in section 37 of Income Tax Ordinance 1984.

5y ago
November 27, 2018
November 27, 2018

Set off and carry forward of losses in taxation

Set off means adjustment of losses from some heads with income of other head(s) to get the taxable income. The provision of set off is laid in section 37 of Income Tax Ordinance 1984.

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