Addition u/s.41(1) - waiver of loan as taxable u/s.41(1) - The ...

Income Tax

November 7, 2017

Addition u/s.41(1) - waiver of loan as taxable u/s.41(1) - The loan received is a capital receipt and it does not lose its capital nature even when it is renounced or waived by the lender.

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Addition u/s.41(1) - waiver of loan as taxable u/s.41(1) - The ...

Income Tax

November 7, 2017

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