ITAT Allows Set-Off of Brought Forward Business Loss Against Section 50 Capital Gains:

ITAT Allows Set-Off of Brought Forward Business Loss Against Section 50 Capital Gains

Tribunal held unabsorbed business losses can be set off against short-term capital gains arising under Section 50.

AO directed to verify claim and allow set-off in accordance with law

authorMeetu KumaridateJul 17, 2026
Last update on Jul 17, 2026
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ITAT Allows Set-Off of Brought Forward Business Loss Against Section 50 Capital Gains

Tribunal held unabsorbed business losses can be set off against short-term capital gains arising under Section 50.

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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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