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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Claim of set off of brought forward losses - Conditions ...


Tax Set-Off Claim Allowed: Section 72A Relaxation by CBDT Supports Amalgamation Scheme, CIT(A) Admits Additional Evidence, Correcting Initial Decision.

February 28, 2019

Case Laws     Income Tax     AT

Claim of set off of brought forward losses - Conditions prescribed u/s 72A - Relaxation of the conditions from the CBDT - scheme of amalgamation - CIT(A) corrected allowed the claim by admitting additional evidence.

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