Claim of deduction against Embezzlement of funds by the ...

Deduction Allowed for Embezzlement Losses by Employees Considered Revenue Loss for Assessee-Society.

September 4, 2023

Case Laws Income Tax AT

Claim of deduction against Embezzlement of funds by the employees of the assessee-society - Undisputedly, no doubt has been cast on the embezzlement of funds - Considering the loss is a revenue loss, the same deserves to be allowed. - AT

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Claim of deduction against Embezzlement of funds by the ...

Deduction Allowed for Embezzlement Losses by Employees Considered Revenue Loss for Assessee-Society.

September 4, 2023

Case Laws Income Tax AT

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