Trading liability or capital liability - income u/s 2(24) read ...

Write-Back as Capital Liability: Tax Implications u/s 2(24) and Section 41(1) for Asset Recalculation.

July 19, 2012

Case Laws Income Tax AT

Trading liability or capital liability - income u/s 2(24) read with section 41(1) - The write back under reference a receipt of capital nature. - however the cost of the relevant assets would be required to be recomputed - AT

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Trading liability or capital liability - income u/s 2(24) read ...

Write-Back as Capital Liability: Tax Implications u/s 2(24) and Section 41(1) for Asset Recalculation.

July 19, 2012

Case Laws Income Tax AT

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