TMI BlogTaxpayer's Set-Off of Losses Post-Tax Holiday Violates Section 80IA of Income Tax Act Rules.Set off of brought forward losses - deduction u/s 80IA - the assessee has carried forward the losses till exhausting the 10 years tax holiday period and claimed the loss in the impugned assessment year which is against the provisions of law. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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