Capital gains on sale of capital assets is not to be set off ...

Income Tax

July 8, 2016

Capital gains on sale of capital assets is not to be set off against the brought forward loss of earlier years. Only the business loss can be carried forward u/s 72 of the Act and it can also be set off only against the business income of the assessee - AT

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Capital gains on sale of capital assets is not to be set off ...

Income Tax

July 8, 2016

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