Non-recovery of the advance made for the development of the ...

Case Laws Income Tax

June 30, 2012

Non-recovery of the advance made for the development of the product - bad debts or capital loss - amount advanced, which was subsequently not recovered is a business loss and thus allowable as revenue expenditure - AT

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Non-recovery of the advance made for the development of the ...

Case Laws Income Tax

June 30, 2012

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