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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

The assessee will be eligible for set off of current year ...


Assessee Can Offset Current Year's Business Loss Against Undisclosed Investment Taxed u/ss 69 and 115BBE.

April 2, 2018

Case Laws     Income Tax     AT

The assessee will be eligible for set off of current year business loss against the undisclosed investment towards purchase of plot of land which has been surrendered during the course of search, and subsequently offered and brought to tax u/s 69 read with section 115BBE - AT

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