https://www.taxtmi.com/caselaws?id=413917 The appeal concerning the adjustment of current year losses with income under section 115BBD of the Income Tax Act, 1961 was dismissed by the Tribunal. The decision was made due to the debatable nature of the issue and the absence of precedents regarding the interpretation of 'expenditure' or 'allowance' in this context. en-us Fri, 22 Oct 2021 00:00:00 +0530 Sat, 23 Oct 2021 07:54:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413917 The appeal concerning the adjustment of current year losses with income under section 115BBD of the Income Tax Act, 1961 was dismissed by the Tribunal. The decision was made due to the debatable nature of the issue and the absence of precedents regarding the interpretation of 'expenditure' or 'allowance' in this context. Case-Laws Income Tax Fri, 22 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413917