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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Computation of capital loss -amounts accruing, during the ...


High Court: Central Govt Bond Amounts for Iraqi Govt Services Not a Capital Loss for Assessment Year.

May 18, 2015

Case Laws     Income Tax     HC

Computation of capital loss -amounts accruing, during the assessment year, to the assessee from bonds issued to it, by the Central Government, in lieu of the debt amounts payable to it for services under contract to the Iraqi Government - not a capital loss - HC

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