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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Set–off of business loss against the other heads of income while ...

Income Tax

July 27, 2020

Set–off of business loss against the other heads of income while completing the assessment - we admit the additional ground considering the fact that the AO has also accepted the loss while computing the income of the assessee, however, whether such loss can be set–off against income from other heads is subject to verification by the AO. - AT

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