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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Undisclosed income - set off of shares business loss against the ...

Case Laws     Income Tax

April 23, 2020

Undisclosed income - set off of shares business loss against the undisclosed income - even if that claim is not substantiated, even then the income can be classified under any other head i.e. the income from other sources and benefit u/s.71 of the Act is also allowable - AT

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