Benefit of set off of brought forward business loss - ...
Income Tax
June 14, 2019
Benefit of set off of brought forward business loss - application u/s. 154 in subsequent year - where as a consequence to the order of Appellate Authority, the assessee has received relief which has the cascading effect on subsequent assessment years, the AO is duty bound to give effect to the said order in later affected assessment - set off is duly allowable and not time bared u/s 153
View Source
