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Sakshi Ponda

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Brought forward business loss allowed to be set-off against capital gains on assets used for business purpose: Karnataka HC

August 5, 2021 7512 Views 2 comments Print

Nandi Steels Limited Vs ACIT (Karnataka High Court) Facts of the case: In the present case, the assessee is a limited company carrying on the business of manufacture of iron and steel. During the year under consideration, it had earned income from sale of land, building and bore well used for its business purposes. The […]

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