Loss on account of assignment of debt - Nature of sum advanced - ...
Loss from Debt Assignment Deemed Capital; Impacts Tax on Letting or Leasing Properties.
May 3, 2014
Case Laws Income Tax AT
Loss on account of assignment of debt - Nature of sum advanced - Letting or leasing out of premises - as far as the assessee is concerned, the advance was made to acquire a capital asset - loss is of capital in nature - AT
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