Disallowance of loss claimed under Chapter IV-D - the company ...
Company's Loss Claim Denied: Chapter IV-D Disallows Expenses Before Full Setup Completion.
April 30, 2014
Case Laws Income Tax AT
Disallowance of loss claimed under Chapter IV-D - the company is clearly in the setting up stage - it is only the expenditure, post set-up, that could be claimed as a business expenditure - AT
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