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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Disallowance of non-performing investments written off - ...


Claim for Write-Off of Non-Performing Investments Allowed; Based on RBI Guidelines for Revaluation and Realizable Value.

October 16, 2013

Case Laws     Income Tax     AT

Disallowance of non-performing investments written off - revaluation was made on the basis of the guideline issued by the RBI and the value is based on realisable value. - claim allowed - AT

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