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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Set off of brought forward losses and depreciation against ...


Department Rep's Effort to Expand Assessment Scope on Loss Set-Off Denied; Issue Not Raised by Assessing Officer.

August 4, 2017

Case Laws     Income Tax     AT

Set off of brought forward losses and depreciation against surrendered income - Departmental representative is only attempting to enlarge the scope of assessment by raising an issue not dealt with by the Assessing Officer which is not permissible at the stage.

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