https://www.taxtmi.com/highlights?id=27038 Set off of accumulated losses - Since the order of BIFR is inconsistent with the provisions of IT Act as far as setting off of accumulated losses beyond eight years against capital gin are concerned. But still BIFR order will prevail over the inconsistent provisions of IT Act - AT en-us Sun, 24 Jan 2016 18:29:13 +0530 Sun, 24 Jan 2016 18:29:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27038 Set off of accumulated losses - Since the order of BIFR is inconsistent with the provisions of IT Act as far as setting off of accumulated losses beyond eight years against capital gin are concerned. But still BIFR order will prevail over the inconsistent provisions of IT Act - AT Highlights Income Tax Sun, 24 Jan 2016 18:29:13 +0530 https://www.taxtmi.com/highlights?id=27038