E-commerce business - Selling at a price lower (predatory ...
Court Rules E-commerce Loss Valid, Not Capital, in Predatory Pricing Case; AO Must Accept Tax Return Loss.
May 4, 2018
Case Laws Income Tax AT
E-commerce business - Selling at a price lower (predatory pricing) than the cost price - the loss as declared by the Assessee in the return of income should be accepted by the AO - AO should not treat such loss as capital in nature - AT
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