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Even if advance forfeited by supplier wasn’t allowable as bad-debt, yet it could be considered as business loss
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Corporate Tax
Even if advance forfeited by supplier wasn’t allowable as bad-debt, yet it could be considered as business loss
Posted on
on
September 2, 2015
Tenet Tax Daily August 31 2015
By
tenettax-team
Corporate Tax
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Sale of products while developing special skills in women wasn’t commercial activity by trust
Separate consideration paid while acquiring shares to get commercial rights of marketing was goodwill; depreciable
