If the income of the assessee for the year under consideration ...
Section 144 Income Assessment Doesn't Bar Setoff of Previous Losses if Legally Entitled.
February 18, 2014
Case Laws Income Tax AT
If the income of the assessee for the year under consideration is assessed u/s 144 of the act, that itself is no ground to disallow the setoff of earlier year losses, which the assessee otherwise entitled to claim as per law - AT
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