Deduction Allowed for Embezzlement Losses by Employees Considered Revenue Loss for Assessee-Society.

Claim of deduction against Embezzlement of funds by the employees of the assessee-society - Undisputedly, no doubt has been cast on the embezzlement of funds - Considering the loss is a revenue loss, the same deserves to be allowed. - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X