A loss cannot be set off against any tax-exempt income covered under Chapter III: ITAT

INCOME TAX : Revenue cannot set off any ‘taxable loss’ u/ss 70 to 80 against tax-exempt incomes covered by Chapter IIIINCOME TAX : Revenue cannot set off any ‘taxable loss’ u/ss 70 to 80 against tax-exempt incomes covered by Chapter IIIwww.taxmann.com Latest Case LawsRead More

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