Nature of loss on the sale of foreign - the foreign cars do not form part of a block of assets and,...

Nature of loss on the sale of foreign - the foreign cars do not form part of a block of assets and, admittedly, have not been granted depreciation - the foreign cars were utilized in the business of the assessee, the loss arising out of their sale would be liable to be categorized as a business loss - HC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X