TMI BlogBad debts - Disallowance of advance/balance written off claimed as deduction - the amount advanced by...Bad debts - Disallowance of advance/balance written off claimed as deduction - the amount advanced by the assessee company to commission agent, for the purchase of certain agricultural land as stock-in-trade of its business in its normal course of business as a real estate developer, i.e., for purchase of stock-in-trade - Claim as business loss allowed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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