https://www.taxtmi.com/highlights?id=67027 Set off of current year business loss against foreign dividend income - levy of tax u/s 115BBD on gross foreign dividend income - assessee would be entitled for set off of current year loss with the foreign dividend income, assessee would be entitled for set off of brought forward business losses and unabsorbed depreciation of earlier years with the foreign dividend income and assessee would be eligible for deduction u/s 80G of the Act from the Gross Total Income subject to the restrictions provided in that relevant section. - AT en-us Sat, 10 Dec 2022 11:14:11 +0530 Sat, 10 Dec 2022 11:14:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67027 Set off of current year business loss against foreign dividend income - levy of tax u/s 115BBD on gross foreign dividend income - assessee would be entitled for set off of current year loss with the foreign dividend income, assessee would be entitled for set off of brought forward business losses and unabsorbed depreciation of earlier years with the foreign dividend income and assessee would be eligible for deduction u/s 80G of the Act from the Gross Total Income subject to the restrictions provided in that relevant section. - AT Highlights Income Tax Sat, 10 Dec 2022 11:14:11 +0530 https://www.taxtmi.com/highlights?id=67027