There is no provision under Act which restrict claim of exp. only to extent it reduces profit to nil: ITAT

INCOME TAX: There is no provision in Act and more particularly in Chapter IV-D from sections 28 to 44BB dealing with profit and gains of a business or a profession which can suggest that an expenditure claim's disallowance could be restricted to 'zero' income therein resulting in 'loss' figures as well.

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