Thursday, June 20, 2019

Set-off of loss against deemed income u/s 115BBE was allowed till AY 2016-17: CBDT

The Central Board of Direct Taxes (CBDT) has clarified that since the term ‘or set off any loss’ was inserted by Finance Act, 2016, w.e.f., 01-04-2017, an assessee can claim set-off of loss against income determined under section 115BBE till the Assessment Year 2016-17

from taxmann.com News http://bit.ly/2RuUIwY
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