https://www.taxtmi.com/news?id=19575 Section 115BBE levies a higher rate tax on income referred to in specified provisions and sub section (2) disallows any deduction, allowance, or set off of losses for income in clause (a) of sub section (1); the amendment extends that disallowance to income in clause (b) of sub section (1), and is effective retrospectively from 1 April 2017 for assessment year 2017 18 and onwards. en-us Mon, 05 Feb 2018 15:25:50 +0530 Mon, 05 Feb 2018 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19575 Section 115BBE levies a higher rate tax on income referred to in specified provisions and sub section (2) disallows any deduction, allowance, or set off of losses for income in clause (a) of sub section (1); the amendment extends that disallowance to income in clause (b) of sub section (1), and is effective retrospectively from 1 April 2017 for assessment year 2017 18 and onwards. News - Mon, 05 Feb 2018 15:25:50 +0530 https://www.taxtmi.com/news?id=19575