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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Actual loss due to cancellation of contract - arbitration ...

Case Laws     Income Tax

March 30, 2019

Actual loss due to cancellation of contract - arbitration proceedings are pending - allowable in year of loss however in conclusion of the arbitration proceedings, the assessee receives any amount it could be adjusted in the loss of that year

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