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Income Tax - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Loss on pictures - bad debts - the assessee has claimed to ...


Assessee Claims Bad Debt Loss for Unrecoverable Advances Under Income Tax Law.

June 4, 2020

Case Laws     Income Tax     AT

Loss on pictures - bad debts - the assessee has claimed to incurred Loss due to non-recovery of advances and therefore, claimed it as loss which is not impermissible under the law.

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