Loss due to fraud and embezzlement - The loss that has been ...

Business Fraud Loss Recognized as Irrecoverable; Eligible for Deduction in Business Expenses Under Current Tax Rules.

February 24, 2020

Case Laws Income Tax AT

Loss due to fraud and embezzlement - The loss that has been occurred to the assessee because of those factors which are very much irrecoverable and in the practical context, these have to be allowed since it has been incurred by the assessee for facilitating the carrying on of the business of the assessee. - AT

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Loss due to fraud and embezzlement - The loss that has been ...

Business Fraud Loss Recognized as Irrecoverable; Eligible for Deduction in Business Expenses Under Current Tax Rules.

February 24, 2020

Case Laws Income Tax AT

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