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It isn’t mandatory for assessee to set off business loss against capital gains as per sec. 71

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  • It isn’t mandatory for assessee to set off business loss against capital gains as per sec. 71
Posted onon December 28, 2018

Tenet Tax Daily December 24 2018

By tenettax-team
Corporate Tax

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ITAT remanded matter relating to allowing exp. incurred on education of grandson of directors of co.
Karta was eligible to claim TDS credit wrongly deposited in his name if HUF hadn’t availed benefit of such TDS

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