Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1998 (6) TMI 568 - ITAT MUMBAI
Extract:
.......tries Ltd. v. Asstt. CIT (1997) 63 ITD 260 (Cal.). 19. On a careful consideration of the rival contentions, we are of the view that the assessee is not entitled to the set off since we have found that during the year it did not carry on any business. The ground is therefore dismissed. 20. In the result, the assessee';s appeal is partly allowed.