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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Disallowance of loss of material through pilferage, shortage of ...

Case Laws     Income Tax

May 30, 2015

Disallowance of loss of material through pilferage, shortage of material in transit, shortage arising on physical verification, etc. - assessee has accounted for both gains as well as losses in respect of consumable stores ad spares in a consistent manner - claim of loss allowed - AT

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