Assessee has got decree of a foreign court in his favour, and ...

Tribunal Rules Business Loss in China Not Deductible This Year Despite Foreign Court Decree Favoring Assessee.

January 6, 2015

Case Laws Income Tax HC

Assessee has got decree of a foreign court in his favour, and therefore, there being a possibility of realizing the amount in near future, the Tribunal was justified in holding that business loss suffered by the appellant in China is not allowable in the year under consideration - HC

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Assessee has got decree of a foreign court in his favour, and ...

Tribunal Rules Business Loss in China Not Deductible This Year Despite Foreign Court Decree Favoring Assessee.

January 6, 2015

Case Laws Income Tax HC

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