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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Assessee has got decree of a foreign court in his favour, and ...

Income Tax

January 6, 2015

Assessee has got decree of a foreign court in his favour, and therefore, there being a possibility of realizing the amount in near future, the Tribunal was justified in holding that business loss suffered by the appellant in China is not allowable in the year under consideration - HC

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