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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Whether the losses of the earlier years which has already been ...


Court Allows Notional Set-Off of Earlier Losses Against Eligible Unit Income Before Section 80IA Deduction.

January 30, 2017

Case Laws     Income Tax     AT

Whether the losses of the earlier years which has already been set off against the other incomes can be notionally brought forward and set off from the income of the eligible unit before allowing the deduction u/s 80IA - Decided in favour of the assessee - AT

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