TMI BlogPost-Amalgamation: Adjust Business Losses Against Current Income, Set Off Capital Losses Permitted for Assessee.Assessment post amalgamation - brought forward losses post amalgamation - we allow the adjustment of brought forward business loss against the current year’s business income and also the set off of brought forward capital loss as claimed by the assessee - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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