https://www.taxtmi.com/caselaws?id=382605 The High Court upheld the decision of the Tribunal to allow the set off of carried forward business losses against capital gains. The Court dismissed the Revenue's appeal, stating there was no substantial question of law involved. The judgment emphasized the interpretation of the Income Tax Act provisions in determining the tax treatment of losses and gains for the assessee. en-us Wed, 19 Jun 2019 00:00:00 +0530 Sat, 03 Aug 2019 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382605 The High Court upheld the decision of the Tribunal to allow the set off of carried forward business losses against capital gains. The Court dismissed the Revenue's appeal, stating there was no substantial question of law involved. The judgment emphasized the interpretation of the Income Tax Act provisions in determining the tax treatment of losses and gains for the assessee. Case-Laws Income Tax Wed, 19 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382605