Assessee advanced the sum to its sister-concern only and that ...

Loan to Sister Concern Not a Trading Advance; Not Qualifying as Bad Debt or Business Loss.

May 18, 2012

Case Laws Income Tax AT

Assessee advanced the sum to its sister-concern only and that too in the nature of loan and not as a trading advance. - Amount not recovered - neither bed debt nor business loss - AT

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Assessee advanced the sum to its sister-concern only and that ...

Loan to Sister Concern Not a Trading Advance; Not Qualifying as Bad Debt or Business Loss.

May 18, 2012

Case Laws Income Tax AT

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