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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Set off of current year business loss from the additional/Deemed ...


Taxpayers Can Offset Business Losses Against Income u/s 115BBE Until Assessment Year 2016-17.

April 21, 2020

Case Laws     Income Tax     AT

Set off of current year business loss from the additional/Deemed income - Scope of amendment brought to section 115BBE - CBDT, has clarified the matter that the assessee will be entitled to set off of loss against income determine u/s 115BBE of the Act till assessment year 2016-17 - AT

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