Common partners in two firms – Set off of losses incurred by one ...

Case Laws Income Tax

January 7, 2015

Common partners in two firms – Set off of losses incurred by one firm from another - both the firms have separate channels, be it of constitution or maintenance of accounts – thus, the loss earned by one firm cannot be pitted or set off against the profits of the other firm - HC

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Common partners in two firms – Set off of losses incurred by one ...

Case Laws Income Tax

January 7, 2015

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