Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning Income-tax
Which of the following can be carried forward for unlimited years?
(I) Normal Business Loss
(II) Specified Business Loss
(III) Speculative Business Loss
(IV) Unabsorbed Depreciation
1
(IV) only
2
(II) only
3
(II) and (IV) only
4
(III) and (IV) only