Disallowing “amounts written off” as business loss - the ...
Tax Authorities Reject Business Loss Claim Due to Lack of Proof on Advances Written Off for Business Purposes.
December 13, 2018
Case Laws Income Tax AT
Disallowing “amounts written off” as business loss - the assessee has failed to discharge his onus in substantiating that the advances written off were made wholly and exclusively for the purpose of the business.
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