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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Set off of loss incurred on sale of polished diamond goods ...

Case Laws     Income Tax

February 1, 2017

Set off of loss incurred on sale of polished diamond goods against deemed income assessed u/s. 69A - set off against the income declared during the course of search - Since section 71 do not debar from setting off such losses, set off of business losses allowed - AT

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