Losses from Ineligible Units Can Offset Profits in Eligible or Ineligible Units Under Income Tax Act.

Losses from Ineligible Units Can Offset Profits in Eligible or Ineligible Units Under Income Tax Act. https://www.taxtmi.com/highlights?id=18166 Set off of business loss - STP unit against Non-STP unit – loss from an ineligible unit can be carried forward and set off against the profits of eligible unit or ineligible unit in accordance with the provisions of the Act - AT en-us Mon, 14 Apr 2014 05:44:13 +0530 Mon, 14 Apr 2014 05:44:13 +0530 TaxTMI RSS Generator Losses from Ineligible Units Can Offset Profits in Eligible or Ineligible Units Under Income Tax Act. https://www.taxtmi.com/highlights?id=18166 Set off of business loss - STP unit against Non-STP unit – loss from an ineligible unit can be carried forward and set off against the profits of eligible unit or ineligible unit in accordance with the provisions of the Act - AT Highlights Income Tax Mon, 14 Apr 2014 05:44:13 +0530 https://www.taxtmi.com/highlights?id=18166