The Income Tax Act has prescribed rules for set-off loss arising from one head against other heads of income as well as carry forward of loss to the subsequent years. In our earlier quiz ‘Test your knowledge on Set Off and Carry forward of Losses‘, you have tested your knowledge on setoff of loss in the same year. This quiz is for testing knowledge carry forward losses.

[mtouchquiz id=3 startscreen=’off’ showanswers=’end’ multiplechances=’off’]

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