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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Carry forward of capital loss. - Whether sale of polymer ...

Case Laws     Income Tax

December 28, 2013

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

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