https://www.taxtmi.com/caselaws?id=412164 The ITAT Chennai directed the Assessing Officer to set off the business loss against income from house property first, followed by income from long term capital gain and income from other sources. The Assessing Officer was instructed to recompute the total income accordingly, resulting in the appeal filed by the assessee being treated as allowed for statistical purposes. en-us Wed, 08 Sep 2021 00:00:00 +0530 Fri, 10 Sep 2021 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412164 The ITAT Chennai directed the Assessing Officer to set off the business loss against income from house property first, followed by income from long term capital gain and income from other sources. The Assessing Officer was instructed to recompute the total income accordingly, resulting in the appeal filed by the assessee being treated as allowed for statistical purposes. Case-Laws Income Tax Wed, 08 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412164