Remission of unsecured loans - Assessee was not carrying on the ...

Case Laws Income Tax

July 30, 2015

Remission of unsecured loans - Assessee was not carrying on the business of obtaining loans and therefore the remission of loan cannot be considered to be a benefit arising out from the business. - AT

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Remission of unsecured loans - Assessee was not carrying on the ...

Case Laws Income Tax

July 30, 2015

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