What is The Order Of Adjustment of Carried Forward Loss !

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carried foward lossesThe losses which are not adjusted in a year , can be carried forward to various period of time for adjustment with income in ¬†future.As readers know, barring the head “salary” , losses can arise in all other heads of income . These losses are carried forward as per law given in section 70 to section 79 of the I.T.Act.

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