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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Disallowing the claim of capital loss incurred by the appellant ...

Income Tax

December 6, 2018

Disallowing the claim of capital loss incurred by the appellant due to reduction of capital by the investee company - transfer u/s 2(47) - face value of shares remains the same - assessee’s claim for capital loss on account of reduction in share capital in ANNPL is allowable

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