A company has the following: (i) Current scientific research ex-penditure; (ii) Current depreciation; (iii) Unabsorbed depreciation; (iv) Brought forward business loss. The order sequence of set off is:

Question:A company has the following: (i) Current scientific research ex-penditure; (ii) Current depreciation; (iii) Unabsorbed depreciation; (iv) Brought forward business loss. The order sequence of set off is:

1. (i), (it), (Hi), (iv)

2.(iv), (iii), (i), (ii)

3.(i), (ii), (iv), (iii)

4. (iv), (ii), (i), (iii)


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