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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Loss on write off as receivable - What all therefore the ...


Assessee Must Prove Honest Intent for Receivable Write-Offs; No Extra Justification Needed u/s Rules.

October 27, 2014

Case Laws     Income Tax     AT

Loss on write off as receivable - What all therefore the assessee has to demonstrate is an honesty of its intent in effecting the write off - nothing more and nothing less - AT

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