Taxpayers Can Set Off Losses Across Income Heads u/s 71 for Tax Optimization; Claim Deductions via Section 80IB.

Taxpayers Can Set Off Losses Across Income Heads u/s 71 for Tax Optimization; Claim Deductions via Section 80IB. https://www.taxtmi.com/highlights?id=34906 Setting off of indirect income against the operational income / trading loss - claiming deduction u.s 80IB - section 71 of the Income Tax Act allows set off of loss from one head against income from another head - AT en-us Sat, 20 May 2017 13:19:30 +0530 Sat, 20 May 2017 13:19:30 +0530 TaxTMI RSS Generator Taxpayers Can Set Off Losses Across Income Heads u/s 71 for Tax Optimization; Claim Deductions via Section 80IB. https://www.taxtmi.com/highlights?id=34906 Setting off of indirect income against the operational income / trading loss - claiming deduction u.s 80IB - section 71 of the Income Tax Act allows set off of loss from one head against income from another head - AT Highlights Income Tax Sat, 20 May 2017 13:19:30 +0530 https://www.taxtmi.com/highlights?id=34906