Compute Gross Total income and amount of loss allowed to be carried forward to next year:
A . Rs. 34,000, Rs. 10,000/
B . Rs. 40,000/- Rs. 10,000
C . Rs. 40,000/-, Nil
D . Rs. 40,000/- Rs. 10,000
Answer: C
Compute Gross Total income and amount of loss allowed to be carried forward to next year:
A . Rs. 34,000, Rs. 10,000/
B . Rs. 40,000/- Rs. 10,000
C . Rs. 40,000/-, Nil
D . Rs. 40,000/- Rs. 10,000
Answer: C