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Man347 (CEO)     10 September 2014

Pvt ltd company with carried forward losses for sale

Private Limited Company incorporated in 2006 in Karnataka with carried forward losses of Rs 80 lakhs is for sale. Purchase the entity and avail tax benefits of close to Rs 24 lakhs. All compliances have been maintained since incorporation, the books are perfect. Call or email dreamtoreality.in@gmail.com to take the discussion forward.



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 1 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     16 September 2014

, if certain requirements are met the company may be able to:

  • transfer the loss to another company or
  • carry it forward to the next tax year for offset against the company's income in that year.

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