Deduction of provisions made - Ascertained expenditure - the ...

Assessee Eligible for Deduction on Provisions from Employee Fraud-Induced Loss in Leasing Company.

February 16, 2022

Case Laws Income Tax AT

Deduction of provisions made - Ascertained expenditure - the assessee is entitled to deduction being the provision created on account of fraud committed by one of its employees which caused loss to the leasing company. - AT

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Deduction of provisions made - Ascertained expenditure - the ...

Assessee Eligible for Deduction on Provisions from Employee Fraud-Induced Loss in Leasing Company.

February 16, 2022

Case Laws Income Tax AT

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