Set off of accumulated losses - Since the order of BIFR is ...

BIFR Order Overrides Income Tax Act: Set-Off of Losses Beyond 8-Year Limit Against Capital Gains Allowed.

January 24, 2016

Case Laws Income Tax AT

Set off of accumulated losses - Since the order of BIFR is inconsistent with the provisions of IT Act as far as setting off of accumulated losses beyond eight years against capital gin are concerned. But still BIFR order will prevail over the inconsistent provisions of IT Act - AT

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Set off of accumulated losses - Since the order of BIFR is ...

BIFR Order Overrides Income Tax Act: Set-Off of Losses Beyond 8-Year Limit Against Capital Gains Allowed.

January 24, 2016

Case Laws Income Tax AT

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