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Resident assessee can claim losses incurred from house property located abroad in return filed in India

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  • Resident assessee can claim losses incurred from house property located abroad in return filed in India
Posted onon May 26, 2014

Tenet Tax Daily May 26 2014

By tenettax-team
Individual Taxation, International Tax

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For MAT Computations P&L account to be prepared as per Schedule VI of Companies Act if business has commenced
Before conclusion of assessment, assessee couldn’t insist on recovery of tax from proceeds of his seized assets

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