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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Embezzlement loss must be deemed to have arisen only when ...

Income Tax

September 6, 2017

Embezzlement loss must be deemed to have arisen only when employer comes to know about it and realizes that the amount embezzled cannot be recovered and not merely from the date of acquiring knowledge in which that embezzlement has taken place.

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