TMI BlogCarry forward of capital loss. - Whether sale of polymer division and sale of land in Gujarat are...Carry forward of capital loss. - Whether sale of polymer division and sale of land in Gujarat are separate transactions – As they are two independent transactions, the loss sustained in one transaction cannot be set off against the profit made in the other transaction - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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