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

Contract Cancellation Losses Deductible in Year Occurred, Arbitration Outcome Can Adjust Loss.

March 30, 2019

Case Laws Income Tax HC

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

Contract Cancellation Losses Deductible in Year Occurred, Arbitration Outcome Can Adjust Loss.

March 30, 2019

Case Laws Income Tax HC

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