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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

CIT(A) allowed the carry forward of loss to the appellant ...

Case Laws     Income Tax

September 29, 2015

CIT(A) allowed the carry forward of loss to the appellant instead of setting it off against the exempt income u/s.10(38) - In view of specific provisions of section 74 A.O was not entitled to reduce the loss, from the income exempt u/s 10(38) - order of CIT(A) is correct - AT

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