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Loss from derivative is a normal business loss and not a speculation loss

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  • Loss from derivative is a normal business loss and not a speculation loss
Posted onon July 19, 2016

Tenet Tax Daily July 09 2016

By tenettax-team
Corporate Tax

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AO rightly made reassessment as he had info that group entities of assessee were providing accommodation entries
Exp. incurred on interior designing of leasehold premises is deductible as revenue exp.

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