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![Claim of setoff of Business Losses against Speculative Income is allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/business-losses-speculative-income-ITAT-taxscan.jpg "Claim of setoff of Business Losses against Speculative Income is allowable: ITAT [Read Order]")
Claim of setoff of Business Losses against Speculative Income is allowable: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the claim of set-off of business losses against speculative income is...
![Onetime Payment of Annual Rent as per the Lease Deed is Revenue Expenditures: ITAT Allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Expenditures-TAXSCAN.jpg "Onetime Payment of Annual Rent as per the Lease Deed is Revenue Expenditures: ITAT Allows Deduction [Read Order]")