Claim of expenses as against Nil income - When there is no ...

Case Laws Income Tax

December 22, 2022

Claim of expenses as against Nil income - When there is no business existed, in our opinion, the assessee is not entitled to claim deduction under the head “Depreciation, Establishment and General Expenses and Interest on Loan” and resultantly, carrying forward losses. - AT

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Claim of expenses as against Nil income - When there is no ...

Case Laws Income Tax

December 22, 2022

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