Loss on sale of debentures - assessee has sold a capital asset ...

Capital Loss from Debenture Sale Must Offset Other Taxable Income u/s 71 of Income Tax Provisions.

June 21, 2018

Case Laws Income Tax HC

Loss on sale of debentures - assessee has sold a capital asset which has resulted in a capital loss thus as per the provisions of section 71 the loss suffered on the sale of capital asset has to be set off against the income chargeable to tax under other heads of income.

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Loss on sale of debentures - assessee has sold a capital asset ...

Capital Loss from Debenture Sale Must Offset Other Taxable Income u/s 71 of Income Tax Provisions.

June 21, 2018

Case Laws Income Tax HC

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