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The AO invoked the Explanation to Section 73 and consequently refused to allow the loss to be set off against the taxpayer’s regular business income. The assessment relied on the Delhi High Court ruling in CIT v. DLF Commercial Developers Ltd.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
In a significant turn of events, Gurgaon Police have apprehended a car driver, intensifying charges against him with an attempt-to-murder offense.
GEORGE TOWN, Sept 15 — Pesta Pulau Pinang will return this year for a month-long celebration starting December 1,...
The announcer assignments are out for the second week of the NFL season. FOX has the doubleheader game with Kevin Burkhardt, Tom Brady & Co. in Dallas.
The Sierra Nevada ski resort has made season & multiple-day forfait (ski passes) available, starting today, with up to 20% off.
Goals from in-form forward Calvert-Lewin, Okafor and Bogle boost Leeds' standing in the league table.
While the Bharat Pavilion, the official Indian presence at the festival, has been a fixture for several years, it has been joined this year by content companies like Ramoji Studio and NH Studioz
