https://www.taxtmi.com/highlights?id=62945 Revision u/s 263 by CIT - set off of the brought forward "non-speculative business loss" against the "profit of speculative business" - provisions of section 72 and 73, which fall under the Chapter VI - assessee was justified in claiming set off of the brought forward "non-speculative business loss" against the "profit of speculative business" and the Ld. AO has allowed the same, which is very much in accordance with the provisions of the Act. - AT en-us Sat, 16 Apr 2022 11:27:51 +0530 Sat, 16 Apr 2022 11:27:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62945 Revision u/s 263 by CIT - set off of the brought forward "non-speculative business loss" against the "profit of speculative business" - provisions of section 72 and 73, which fall under the Chapter VI - assessee was justified in claiming set off of the brought forward "non-speculative business loss" against the "profit of speculative business" and the Ld. AO has allowed the same, which is very much in accordance with the provisions of the Act. - AT Highlights Income Tax Sat, 16 Apr 2022 11:27:51 +0530 https://www.taxtmi.com/highlights?id=62945