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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Set off of business loss against interest income taxable under ...

Income Tax

March 9, 2016

Set off of business loss against interest income taxable under the head income from other sources - as the assessee has not carried out any business activity during the year under appeal, then there remains no possibility of set off of business loss against interest income taxable under the head income from other sources. - AT

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