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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Claim of Set off of the brought forward business loss – It is ...


Set-Off Allowed for Previously Reported Business Losses Against Current Year Income.

October 18, 2013

Case Laws     Income Tax     AT

Claim of Set off of the brought forward business loss – It is only the business loss/es as returned and admitted for the earlier years that would qualify for being brought forward and, set off against the current year's income. - AT

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