Income-tax Act, 2025: Your Old Tax Losses Won’t Disappear-but There’s a Catch! The Income-tax Act, 1961 has been replaced. But what happens to tax losses accumulated under the old law? Can a business loss incurred under the Income-tax Act, 1961 still be carried forward and set off after the Income-tax Act, 2025 comes…
The post Income-tax Act, 2025: Your Old Tax Losses Won’t Disappear-but There’s a Catch! appeared first on The Tax Talk.
