High Court Rules Section 80IA(5) Doesn't Override Section 70(1); Taxpayer Can Set Off Windmill Losses.

Set off of loss/unabsorbed depreciation from windmill – Not in a position claim deduction u/s 80IA being loss - Section 70(1) comes to the rescue of the assessee - Sec. 80IA(5) cannot override Sec. 70(1) - HC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X