Denial of Set off brought forward losses by applying provisions ...

Change in Shareholding Doesn't Deny Set-Off for Brought Forward Losses; Provisions of Section 79 Not Triggered.

November 27, 2023

Case Laws Income Tax AT

Denial of Set off brought forward losses by applying provisions of section 79 - Change in share holding pattern between both the shareholders - the view expressed by the tax authorities that the change in individual shareholding of the shareholders would also attract provision of section 79 is not correct - set off allowed - AT

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Denial of Set off brought forward losses by applying provisions ...

Change in Shareholding Doesn't Deny Set-Off for Brought Forward Losses; Provisions of Section 79 Not Triggered.

November 27, 2023

Case Laws Income Tax AT

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