TMI BlogSet off of brought forward business loss and brought forward long term capital loss - capital gains...Set off of brought forward business loss and brought forward long term capital loss - capital gains computed u/s 50 is be deemed to be short-term capital gains and this deeming fiction is restricted only for Section 50 but the benefit of set off of long term capital loss u/s 74 is to be allowed ..... X X X X Extracts X X X X X X X X Extracts X X X X
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