No Netting of profit/loss of eligible units to calculate section 80-IC deduction

Published: 3/12/2019
No Netting of profit/loss of eligible units to calculate section 80-IC deduction
Source: TAXGURU.IN

No netting of profits and losses of the eligible units was to be done for the purpose of calculating the deduction under section 80-IC and each unit for the said purpose had to be treated separately.

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