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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Set off of brought forward business loss and brought forward ...

Case Laws     Income Tax

April 20, 2019

Set off of brought forward business loss and brought forward long term capital loss - capital gains computed u/s 50 is be deemed to be short-term capital gains and this deeming fiction is restricted only for Section 50 but the benefit of set off of long term capital loss u/s 74 is to be allowed

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