TMI BlogNature of loss - commercial expediency - provisions of diminution of Government of India Fertilizer...Nature of loss - commercial expediency - provisions of diminution of Government of India Fertilizer Bonds [GoI Bonds] - the loss incurred due to the diminution in the value of the bonds may be regarded as a revenue loss and can be claimed as deduction while computing taxable income for the period under consideration. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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