Carry forward of unabsorbed long term capital loss - As the ...

Assessee can carry forward unabsorbed long-term capital loss; relief granted u/s 54EC before adjusting brought forward loss.

November 8, 2011

Case Laws Income Tax AT

Carry forward of unabsorbed long term capital loss - As the claim of the assessee is in accordance with the scheme of the Act viz. firstly allowing relief u/s.54EC while computing income u/s.45 and thereafter adjusting brought forward capital loss - carry forward allowed.... - AT

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Carry forward of unabsorbed long term capital loss - As the ...

Assessee can carry forward unabsorbed long-term capital loss; relief granted u/s 54EC before adjusting brought forward loss.

November 8, 2011

Case Laws Income Tax AT

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