Saturday, May 15, 2021

Loss of Sec. 35AD eligible unit can be set off against profits of ineligible unit if it is a specified business

INCOME TAX : Loss incurred by assessee in respect of its business unit claiming deduction under section 35AD could be set-off against profit of assessee from another unit which was not eligible for deduction under said section

from www.taxmann.com Latest Case Laws https://ift.tt/3y8zFFr
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