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ITAT deleted additions as amount deposited in assessee’s Foreign Bank a/c didn’t belong to him
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Corporate Tax
ITAT deleted additions as amount deposited in assessee’s Foreign Bank a/c didn’t belong to him
Posted on
on
December 28, 2018
Tenet Tax Daily December 27 2018
By
tenettax-team
Corporate Tax
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Loss from derivative is a normal business loss and not speculation loss
Disallowance of indexed cost of improvement was justified if assessee failed to prove quantum of exp. incurred