TMI BlogSet–off of business loss against the other heads of income while completing the assessment - we admit...Set–off of business loss against the other heads of income while completing the assessment - we admit the additional ground considering the fact that the AO has also accepted the loss while computing the income of the assessee, however, whether such loss can be set–off against income from other heads is subject to verification by the AO. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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