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HCT - In A Nutshell - KJ, page-505

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    The loss carries over to the next financial year as well. That is how it can be offset.
    But you are right, it is still a loss, but any profits next year will be tax-free until the loss is paid off.
    Double check and do your own research anyway. This may be bollocks.
    Last edited by Gazdix: 13/06/20
 
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