TMI BlogWorking capital loan in form of cash credit - waiver of loan - deemed income u/s 41(1) - held that:-...Working capital loan in form of cash credit - waiver of loan - deemed income u/s 41(1) - held that:- even if we hold that Section 28(iv) of the Act is not applicable, Section 41(1) of the Act is clearly applicable.... - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|