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Loss On Confiscation Of Smuggled Items By DRI Officials Cannot Be Claimed As Business Loss Under Income Tax Act: Supreme Court : comparemela.com
Loss On Confiscation Of Smuggled Items By DRI Officials Cannot Be Claimed As 'Business Loss' Under Income Tax Act: Supreme Court
The Supreme Court bench comprising Justices M. R. Shah and M.M. Sundresh has set aside the Rajasthan High Court’s order of allowing the loss claimed by the assessee on account of confiscation of...
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