TMI BlogAddition on account of gain on settlement of loan u/s 28(iv) or 41(1) - the instant loan was not...Addition on account of gain on settlement of loan u/s 28(iv) or 41(1) - the instant loan was not utilized for the trading liability of the assessee and therefore the waiver off the same cannot amount to income which is chargeable to tax - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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