Sir, My query is with regards to set off of PGBP loss with IOS, Is it allowed as per provisions of the Income tax act ? As CPC is not allowing the said set off, this query is raised. Moreover, while going through the set off provisions, nowhere we are barred from making the setoff of PGBP loss with IOS.
Please guide.
Hi Ameet,
I understood your query
Could you mind sharing the screenshot of the assessing officer disallowance? This helps in addressing your query
Thanks,
Sir, Email sent. Please check and reply.
Naveen Fintech Pvt Ltd
Kolkata
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