This was our second stay at the Mansion. The first was for our wedding night a few years ago. From what I can see, nothing has suffered in these last few years. The staff at the Mansion are wonderful and available to take care of you, whatever you need.
A net operating loss carry-forward allows you to write down future income tax liabilities by the amount of the loss in the current year. According to 2010 tax laws, losses can be accumulated if there are multiple years of loss, and can be carried forward for up to 20 years.
You may set off business loss against house property income or income from other sources, if any. If set-off is not possible, then such loss can be carried forward to be set off in the subsequent year. Brought-forward business loss can only be set off against business income.ny loss from such transactions is not be eligible for set-off or carry-forward. Hence, if your loss in the stock market is considered as business loss, then it is covered by loss and profit or gain in business against salary income.