February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 73 : Losses in speculation business73. (1) Any loss, computed in respect of a speculation business carried on by the […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 72AB : Provisions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in business reorganisation of co-operative banks72AB. (1) The assessee, being a successor co-operative bank, shall, in a case where the […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 72AA : Provisions relating to carry forward and set-off of accumulated loss and unabsorbed depreciation allowance in scheme of amalgamation of banking company in certain cases72AA. Notwithstanding anything contained in sub-clauses (i) to (iii) of clause (1B) of section 2 […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 72A : Provisions relating to carry forward and set off of accumulated loss and unabsorbed depreciation allowance in amalgamation or demerger, etc.72A. (1) Where there has been an amalgamation of— (a) a company owning an industrial […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 72 : Carry forward and set off of business losses72. (1) Where for any assessment year, the net result of the computa- tion under […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 71B : Carry forward and set off of loss from house property71B. Where for any assessment year the net result of computation under the head “Income […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 71A : Transitional provisions for set off of loss under the head “Income from house property”71A. Where in respect of the assessment year commencing on the 1st day of April, […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 71 : Set off of loss from one head against income from another71. (1) Where in respect of any assessment year the net result of the computation […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 70 : Set off of loss from one source against income from another source under the same head of income70. (1) Save as otherwise provided in this Act, where the net result for any […]
February 28, 2018Published by Law@HostBooks at February 28, 2018Categories CHAPTER VI - Aggregation of income and set off or carry forward of loss Income-tax Act 1961Section – 69D : Amount borrowed or repaid on hundi69D. Where any amount is borrowed on a hundi from, or any amount due thereon […]