Wednesday, July 22, 2020

Amendment to Sec. 115BBE restricting set off losses against deemed income could not be applied retrospectively

INCOME TAX: Amendment made by Finance Bill, 2016 to provisions of section 115BBE providing that no set off of any loss shall be allowed to assessee against deemed income under sections 68, 69, 69A to 69(2) could not be applied retrospectively

from www.taxmann.com Latest Case Laws https://ift.tt/2E8SssA
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