https://www.taxtmi.com/highlights?id=31661 Set off of loss - forfeiture of share warrants - Section 70(2)does not make any distinction between the income under the head “capital gain” on which STT was paid or STT was not paid - The word “similar computation” connotes that income should have been computed within the relevant Chapter i.e. Sec. 45 to 55A of the Act - AT en-us Thu, 13 Oct 2016 09:42:35 +0530 Thu, 13 Oct 2016 09:42:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=31661 Set off of loss - forfeiture of share warrants - Section 70(2)does not make any distinction between the income under the head “capital gain” on which STT was paid or STT was not paid - The word “similar computation” connotes that income should have been computed within the relevant Chapter i.e. Sec. 45 to 55A of the Act - AT Highlights Income Tax Thu, 13 Oct 2016 09:42:35 +0530 https://www.taxtmi.com/highlights?id=31661