Yes, the profits or losses of individual businesses (sole proprietorships) in this situation, for example, arising from their activities in two separate periods in 2024, are declared in separate lines in the income tax return to be submitted in March 2025. Therefore, the income, expense and profit/loss amounts obtained from the same business or different businesses in two separate activity periods are shown in separate lines in the relevant section of the return.
Source: Istanbul Chamber of Certified Public Accountants
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