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Company Losses set off in Sri Lanka
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<blockquote data-quote="ExamHe" data-source="post: 25946156" data-attributes="member: 570696"><p>2 years da bn </p><p></p><p>19. (1) In calculating the income of a person from a business for a year of assessment, the following shall be deducted:– </p><p>(a) an unrelieved loss of the person for the year from any other business; and </p><p>(b) an unrelieved loss of the person for any of the previous six years of assessment from the business or any other business. </p><p></p><p>me personal income neda bn </p><p></p><p>company eka kthanada bn thyenne</p></blockquote><p></p>
[QUOTE="ExamHe, post: 25946156, member: 570696"] 2 years da bn 19. (1) In calculating the income of a person from a business for a year of assessment, the following shall be deducted:– (a) an unrelieved loss of the person for the year from any other business; and (b) an unrelieved loss of the person for any of the previous six years of assessment from the business or any other business. me personal income neda bn company eka kthanada bn thyenne [/QUOTE]
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