https://www.taxtmi.com/caselaws?id=307189 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to allow the set off of the business loss against the income, confirming that the AO should compute the total income as per the provisions of the Income Tax Act, including allowing legitimate losses or deductions. The appeal of the Revenue was dismissed. en-us Fri, 20 Jun 2014 00:00:00 +0530 Fri, 24 Mar 2023 19:37:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307189 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to allow the set off of the business loss against the income, confirming that the AO should compute the total income as per the provisions of the Income Tax Act, including allowing legitimate losses or deductions. The appeal of the Revenue was dismissed. Case-Laws Income Tax Fri, 20 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307189