TMI BlogTaxpayers Can Set Off Losses Across Income Heads u/s 71 for Tax Optimization; Claim Deductions via Section 80IB.Setting off of indirect income against the operational income / trading loss - claiming deduction u.s 80IB - section 71 of the Income Tax Act allows set off of loss from one head against income from another head - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|