Question
Which of the following losses can be carried forward
even if the return is not filed within the due date?Solution
Explanation: Losses from house property  (under Section 71B) can be carried forward for up to eight assessment years, even if the income tax return is filed after the due date (belated return). Other losses, such as business losses (speculative or non-speculative) and capital losses, require timely filing under Section 139(1) to be carried forward.
For the first time in India, medical benefit as a non-cash benefit was provided under
Which one of the following statements is not correct?
Who among the following has claimed number one ranking in men’s javelin for the first time in May 2023?
Who among the following is the first player in the history of Test Cricket to take 200 wickets against left-handed batsmen?
In which of the following cases did the Supreme Court of India first articulate the concept of the creamy layer?Â
Purchase refers to the buying of
Who has secured the first position in the World of Statistics ranking of the most criminal countries recently?
If the HCF and the LCM of two numbers are 7 and 245, respectively, then their product is:
The maximum duration for which the President of India’s Office can remain vacant:
The number of boys and girls in a school is 250 and 360 respectively. 20% of boys left the school while 30 girls took admission in the school. Find the ...