Brought forward business loss - benefit denied applying ...

Change in Shareholding Denies Loss Set-Off, But Section 2(18)(b)(B)(c) Allows Claim Despite Section 79 Restrictions.

August 22, 2012

Case Laws Income Tax AT

Brought forward business loss - benefit denied applying provisions of S79 - change in shareholding - facts of the case are covered by provisions of Sec. 2(18)(b)(B)(c) and therefore the claim of set off of brought forward losses are not hit by provisions of Sec. 79 - AT

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Brought forward business loss - benefit denied applying ...

Change in Shareholding Denies Loss Set-Off, But Section 2(18)(b)(B)(c) Allows Claim Despite Section 79 Restrictions.

August 22, 2012

Case Laws Income Tax AT

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