TMI BlogAmendment of section 115UB.X X X X Extracts X X X X X X X X Extracts X X X X ..... (i) out of such loss, the loss arising to the investment fund as a result of the computation under the head Profit and gains of business or profession , if any, shall be, (a) allowed to be carried forward and it shall be set off by the investment fund in accordance with the provisions of Chapter VI; and (b) ignored for the purposes of sub-section (1); (ii) the l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... forward by such unit holder for the remaining period calculated from the year in which the loss had occurred for the first time taking that year as the first year and shall be set off by him in accordance with the provisions of Chapter VI: Provided that the loss so deemed under this sub-section shall not be available to the investment fund on or after the 1st day of April, 2019. . - ..... X X X X Extracts X X X X X X X X Extracts X X X X
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