Priority of Adjustment of business loss against the Long Term ...

Business Losses Can Offset Long-Term Gains and Interest Income u/s 71, Offering Tax Optimization Flexibility.

June 15, 2016

Case Laws Income Tax AT

Priority of Adjustment of business loss against the Long Term Capital Gains and interest income - Section 71 does not states that the business loss has to be adjusted first with particular head of income. - AT

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Priority of Adjustment of business loss against the Long Term ...

Business Losses Can Offset Long-Term Gains and Interest Income u/s 71, Offering Tax Optimization Flexibility.

June 15, 2016

Case Laws Income Tax AT

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