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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Provision towards fraud – the incident which resulted in ...


Irregularities and embezzlement lead to financial loss determination for the previous year.

September 2, 2014

Case Laws     Income Tax     AT

Provision towards fraud – the incident which resulted in irregularities/embezzlement occurred during the previous year – thus, the loss has to be held to have crystallized during the previous year - AT

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