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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

The embezzled cash by an employee of the assessee in the course ...


Embezzlement by Employee Recognized as Business Loss for Tax Purposes u/s 37.

September 23, 2016

Case Laws     Income Tax     AT

The embezzled cash by an employee of the assessee in the course of business activity has to be allowed as business loss. - AT

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