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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Allowability of set off of speculation losses against business ...

Case Laws     Income Tax

December 16, 2014

Allowability of set off of speculation losses against business income – the income or loss derived by the assessee company is from speculation business which was accepted by the AO in the earlier years - set off cannot be denied - AT

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