Relinquishment of Asset - extinguishment of rights - reduction ...

Reduction in Equity Share Capital as Notional Loss Not Taxable Under Income Tax Act Provisions.

November 14, 2011

Case Laws Income Tax AT

Relinquishment of Asset - extinguishment of rights - reduction in paid up equity share capital? - loss can be described as notional loss and it is settled principle that no notional loss or income can be subjected to the provisions of the I.T. Act .... - AT

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Relinquishment of Asset - extinguishment of rights - reduction ...

Reduction in Equity Share Capital as Notional Loss Not Taxable Under Income Tax Act Provisions.

November 14, 2011

Case Laws Income Tax AT

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