Advances to subsidiary company – Allowability as bad debt – the ...

Company's Loss from Advances to Wholly-Owned Subsidiary Allowed as Business Loss for Tax Purposes.

May 26, 2014

Case Laws Income Tax AT

Advances to subsidiary company – Allowability as bad debt – the loss of advance by the assessee company to its 100% subsidiary company is to be allowed as a business loss - AT

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Advances to subsidiary company – Allowability as bad debt – the ...

Company's Loss from Advances to Wholly-Owned Subsidiary Allowed as Business Loss for Tax Purposes.

May 26, 2014

Case Laws Income Tax AT

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