As per the section 71(1), from one head can be set off against ...

Taxpayers Can Offset Unexplained Cash Credits Against Business Losses u/s 71(1) of Income Tax Act.

January 24, 2020

Case Laws Income Tax AT

As per the section 71(1), from one head can be set off against the income from another head of income. - even if the said income is treated as an income assessed u/s 68, still the assessee is entitled to set off of the said income against the business loss

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As per the section 71(1), from one head can be set off against ...

Taxpayers Can Offset Unexplained Cash Credits Against Business Losses u/s 71(1) of Income Tax Act.

January 24, 2020

Case Laws Income Tax AT

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