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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

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

Income Tax

February 24, 2020

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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