Trading Losses

This topic has 1 reply, 2 voices, and was last updated 14 years ago by raj123nair.

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April 9, 2012 at 5:22 am #52160
Arsalan Ajmal
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Can any one please elaborate the trading losses????
April 10, 2012 at 11:15 am #96165
raj123nair
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Hi,
Trading losses refers to loss incurred by business after making tax adjustment such as depreciation, business entertainment etc.
However these losses can be used to reduce tax in future year.
Hope it helps
Regards
Raj
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