Comment on Notice under Section 139(9)? - Possible reason

Manish commented on 18 Nov 2017, 02:27 PM

Hi Nithin,

I have a trading loss of 11L, but I have my consultancy income of 10L for the FY 2017-18.

Can I balance both and declare 1L Loss OR is it mandatory to show trading loss separately and consequently requirement of Audit, I am not interested in carrying forward the loss for future years.


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