Claim of expenses / loss towards misappropriation of funds by ...

Company Seeks Tax Deduction for Business Loss Due to Director's Misappropriation of Funds in Regular Operations.

October 25, 2019

Case Laws Income Tax AT

Claim of expenses / loss towards misappropriation of funds by the director - misuse of the authority by the director of the company - the aforesaid loss has incurred in the course of business of the company and therefore should be allowed as a business loss.

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Claim of expenses / loss towards misappropriation of funds by ...

Company Seeks Tax Deduction for Business Loss Due to Director's Misappropriation of Funds in Regular Operations.

October 25, 2019

Case Laws Income Tax AT

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