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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Set off of loss suffered in a unit entitled for exemption under ...


High Court: Losses from Section 10B exempt units can't offset income from non-exempt units.

March 19, 2015

Case Laws     Income Tax     HC

Set off of loss suffered in a unit entitled for exemption under Section 10B against income from any other unit not eligible for such exemption - not allowed - HC

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