Instances of losses not deductible for business income

CA KULDEEP PRAJAPATI ROOPWAL , Last updated: 01 February 2014  
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1. Where the assesse, a retired partner of a firm, wrote off an amount owned by the firm to it several years after the dissolution of the firm, It was held that the amount so written off was not deductible in computing the assessees income since the amount represented capital contribution to the fir

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CA KULDEEP PRAJAPATI ROOPWAL
(JOB)
Category Income Tax   Report

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