Set off of carried forward Business losses against the Short ...
Business Losses Offset Allowed Against Short-Term Capital Gains u/s 72 of Income Tax Act.
May 4, 2017
Case Laws Income Tax AT
Set off of carried forward Business losses against the Short Term Capital Gains u/s 72 - the gain on sale of office premises represents profits of business - the brought forward losses are eligible for set-off against short term capital gain on sale of office premises - AT
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