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Case Law Details

Case Name : Anali Investments Vs. ACIT (ITAT Mumbai)
Appeal Number : (ITA No. 6646/Mum/2008)
Date of Judgement/Order : 13/04/2011
Related Assessment Year : 2005- 06
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Short term capital gains on transfer of depreciable assets held for more than 36 months u/s. 50(2) of the Act can be set-off against brought forward loss from other long term capital assets

Recently, the Mumbai bench of Income-tax Appellate Tribunal (the Tribunal)

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