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Home/Rules/IT Rules/119

119 — 119. Carry forward and set off of losses not permissible in certain cases

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119. Carry forward and set off of losses not permissible in certain cases — Provisions regarding carry forward and set off of losses incurred by companies experiencing shareholding changes, focusing on eligible start-ups as per Section 140. Irrespective of anything contained... — Rule 119 of IT2025

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