Set off of loss - forfeiture of share warrants - Section ...

Income Tax

October 13, 2016

Set off of loss - forfeiture of share warrants - Section 70(2)does not make any distinction between the income under the head “capital gain” on which STT was paid or STT was not paid - The word “similar computation” connotes that income should have been computed within the relevant Chapter i.e. Sec. 45 to 55A of the Act - AT

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Set off of loss - forfeiture of share warrants - Section ...

Income Tax

October 13, 2016

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