Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2001 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (10) TMI 79 - HC - Income TaxExtract: .......business loss here exceeds income computed under the head Income from other sources and, as such the Explanation to section 73 is clearly applicable. We, therefore, find no infirmity in the order of the Tribunal and answer the question in the affirmative, that is, in favour of the Revenue and against the assessee. The reference is thus disposed of.
|