TMI BlogHigh Court: Central Govt Bond Amounts for Iraqi Govt Services Not a Capital Loss for Assessment Year.Computation of capital loss -amounts accruing, during the assessment year, to the assessee from bonds issued to it, by the Central Government, in lieu of the debt amounts payable to it for services under contract to the Iraqi Government - not a capital loss - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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