48 results for “house property”+ Set Off of Lossesclear
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In the result these appeals by the assessee and revenue stand allowed for statistical purposes
Bench: Shri Shamim Yahya & Shri Ram Lal Negi..
Loss A/c : Rs.1,66,65,292 Less : House property income considered separately. : Rs.1,69,844 Income from business : Rs.1,14,95,448 Less : Deduction u/s 80P(2)(c)(ii) : Rs. 50,000 Total income from business : Rs.1,14,45,448 Income from House Property as declared : Rs. 1,18,891 Gross Total Income : Rs.1,15,64,339 ---------------------- Total Assessed Income