Registered Members: 165615 | Current Active Members: 104926
Download Our App Google Play Store

Question ID : 20785

FORM 29B IN CASE OF LOSS

Whether filing of Form 29B is required where there is loss as per Income Tax Act, loss as per books of accounts and book profits are also in negative? The company is not liable for audit u/s 44AB. If filing of Form 29B is required, then how to report
Loss in Point no. 6 Total Income of Company as Form 29B on Income Tax Portal is not allowing negative figures?

Click here to Post Your Answer
Posted by vikas kalra on Nov 26, 2021
Filed Under DIRECT TAXES

No answers yet. Be the first to answer!

Post Your Answer

Please login to post your answer.