(1) in that year, and so on, but no loss can be
carried forward to more than six tax years immediately succeeding the tax year for which the loss was first computed.
The sum that was
carried forward in the ongoing fiscal year is Rs854 million with an allocation and release of Rs150 million and just Rs70million spent so far.
Net operating losses can be
carried forward 20 years and carried back two years to offset prior year income (for life insurance companies, it is forward 15 and back three).
Carried forward by winds and sandstorms, the dunes of northern China are expanding at an unprecedented rate, Chinese researchers say.
resident companies that may qualify for group relief as well as being
carried forward locally, so long as they are not offset against the non-U.K, profits of another person.
If the election was not timely made, the NOL must be carried back before being
carried forward. Remember to attach a copy of the timely election to the return where the NOL is
carried forward.
A day of Test cricket constitutes 90 overs (six x 15 hours), and any shortfall of overs bowled is
carried forward to subsequent days.
The problem centres on whether Local Regeneration Funds (LRF) from the National Assembly can be
carried forward from one year to the next.
The funds that are being
carried forward were left over from 1999 to 2001 and will now be used to give libraries and schools discounts on telecomms services, Internet access and physical infrastructure such as wiring, according to the organisation.
Net losses greater than $3,000 can be
carried forward to future years, she adds.
In the Liturgy, Christ's work is
carried forward by the Church until the end of time.
With a roll-over of more than pounds 94,000
carried forward to Gosforth Park there was pounds 177,000 in the pool as the runners were put into the stalls for the opening juvenile event.