https://www.taxtmi.com/highlights?id=13992 Set off of business losses - The expression “any“ business clearly includes all businesses, without making any distinction between speculation and non-speculation business, and, therefore, going by the plain language of the statutory provision losses in a business, other than in speculation business, can be set off against profits of speculation business as also non speculation business - AT en-us Wed, 21 Aug 2013 08:39:08 +0530 Wed, 21 Aug 2013 08:39:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=13992 Set off of business losses - The expression “any“ business clearly includes all businesses, without making any distinction between speculation and non-speculation business, and, therefore, going by the plain language of the statutory provision losses in a business, other than in speculation business, can be set off against profits of speculation business as also non speculation business - AT Highlights Income Tax Wed, 21 Aug 2013 08:39:08 +0530 https://www.taxtmi.com/highlights?id=13992