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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Allowability of set off business loss against income from house ...

Income Tax

August 13, 2014

Allowability of set off business loss against income from house property u/s 70 – assessee has not carried on any business activity – assessee's claim that all the expenses should be set off against the house property income is not acceptable as it will amount to allowing double deduction to the appellant - HC

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