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Failure to recover sum advanced to share broker for investment was business loss and not bad debt: Delhi HC
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Corporate Tax
Failure to recover sum advanced to share broker for investment was business loss and not bad debt: Delhi HC
Posted on
on
August 26, 2017
Tenet Tax Daily August 23 2017
By
tenettax-team
Corporate Tax
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No disallowance if tax paid by employer on perquisites was grossed up while computing employee’s salary
ITAT wasn’t competent to make addition under different section if it wasn’t subject matter of appeal
