Scope of Section 14A - Disallowance of carried forward losses - ...

Section 14A: No Impact on Carried Forward Losses from Business Profits in Total Income Calculation.

March 27, 2015

Case Laws Income Tax AT

Scope of Section 14A - Disallowance of carried forward losses - whether losses are forming part of total income in view of Sec.14A as the same is result of profits and gains of business or profession? - They form part of the total income but are allowed as a deduction and reduced - AT

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Scope of Section 14A - Disallowance of carried forward losses - ...

Section 14A: No Impact on Carried Forward Losses from Business Profits in Total Income Calculation.

March 27, 2015

Case Laws Income Tax AT

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