https://www.taxtmi.com/highlights?id=72859 Set-off of the losses against the deemed income u/s 69C - Determination of correct head of income - there is no iota of doubt that the deemed income assessed u/s 69C of the Act should not be treated as income falling outside the ambit of classification contained in section 14. - Therefore lower authorities committed illegality in not allowing the set-off of the losses against the deemed income u/s 69C - AT en-us Thu, 02 Nov 2023 08:30:23 +0530 Thu, 02 Nov 2023 08:30:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72859 Set-off of the losses against the deemed income u/s 69C - Determination of correct head of income - there is no iota of doubt that the deemed income assessed u/s 69C of the Act should not be treated as income falling outside the ambit of classification contained in section 14. - Therefore lower authorities committed illegality in not allowing the set-off of the losses against the deemed income u/s 69C - AT Highlights Income Tax Thu, 02 Nov 2023 08:30:23 +0530 https://www.taxtmi.com/highlights?id=72859