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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Set off of losses - Merely because the two set of transactions ...

April 17, 2017

Case Laws     Income Tax     AT

Set off of losses - Merely because the two set of transactions are liable for different rate of tax, it cannot be said that income from these transactions does not arise from similar computation made - STCL arising from STT paid transactions can be set off against STCG arising from non-STT transactions - AT

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