Nature of expenses - Revenue or capital - Loss of extinguishment ...

Case Laws Income Tax

July 9, 2014

Nature of expenses - Revenue or capital - Loss of extinguishment of debt – Expenses on cancellation of debentures – Assessee foreclosed the loan account by paying some additional amount which would save the Assessee from making periodic payment of interest - held as revenue in nature - AT

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Nature of expenses - Revenue or capital - Loss of extinguishment ...

Case Laws Income Tax

July 9, 2014

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