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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Disallowing “amounts written off” as business loss - the ...

Case Laws     Income Tax

December 13, 2018

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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