When a loan which is the term loan is waived by a financial ...

Case Laws Income Tax

November 24, 2014

When a loan which is the term loan is waived by a financial institution, then it shall not treated as income in the hands of the assessee; whereas if working capital loan is waived, then that loan amount which is waived will be treated as 'income' in the hands of the assesse - AT

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When a loan which is the term loan is waived by a financial ...

Case Laws Income Tax

November 24, 2014

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