Case Law Details
Case Name : Gagan Trading Co. Ltd Vs. DCIT (ITAT Mumbai)
Related Assessment Year : 2003- 2004
Courts :
All ITAT ITAT Mumbai
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Brought forward business losses can be set off against other sources of income which are in the nature of business income, though chargeable to tax under another head of income
Gagan Trading Co. Ltd Vs. DCIT. (ITA No. 678/Mum/07) Mum ITAT dated 18 February 2011
Fact of the case:- The taxpayer was engaged in the business of purchase and sale of shares and debentures. During the assessment year 2003-04, the taxpayer had earned dividend from th
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