Set off and carry forward of loss under the head ‘income from ...

Case Laws Income Tax

January 7, 2023

Set off and carry forward of loss under the head ‘income from house property’ - Since the assessee is entitled to claim the entire interest paid during the year on loan for acquiring the above property, therefore, the amount of loss under the head ‘income from house property’, which is not set off against the income under the other head of income be allowed to be carried forward as per provisions of section 71B - AT

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Set off and carry forward of loss under the head ‘income from ...

Case Laws Income Tax

January 7, 2023

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