Carry forward and set-off of loss - It is not within the ...

Assessing Officer Cannot Dismiss Legitimate Transactions as Colorable Without Proper Grounds.

November 3, 2011

Case Laws Income Tax HC

Carry forward and set-off of loss - It is not within the province of the Assessing Officer to ignore an otherwise genuine transaction and to brand it as a colourable one on the ground that it was the duty of the company to invest further amount or it should have waited for a reasonable period. -.... - HC

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Carry forward and set-off of loss - It is not within the ...

Assessing Officer Cannot Dismiss Legitimate Transactions as Colorable Without Proper Grounds.

November 3, 2011

Case Laws Income Tax HC

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