CIT(A) allowed the carry forward of loss to the appellant ...
Case Laws Income Tax
September 29, 2015
CIT(A) allowed the carry forward of loss to the appellant instead of setting it off against the exempt income u/s.10(38) - In view of specific provisions of section 74 A.O was not entitled to reduce the loss, from the income exempt u/s 10(38) - order of CIT(A) is correct - AT
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