Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1989 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1989 (11) TMI 15 - HC - Income TaxExtract: .......putation, the assessee has suffered a loss. Such loss has to be either set off in the very year of assessment or if it cannot be so set off wholly or in part, the amount which cannot be set off has to be carried forward. In view of the above, the question is answered in the affirmative and against the Revenue. BHAGABATI PRASAD BANERJEE J. -I agree.
|