Thursday, September 3, 2020

Business loss can be set off against dividend income received from specified foreign company

INCOME TAX : There is no provision in section 115BBD to eliminate dividend income received from specified foreign company before setting off of loss

from www.taxmann.com Latest Case Laws https://ift.tt/3jGWsjA

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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