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Loss incurred on sale of foreign cars used in business without claming dep. would be treated as business loss: HC
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Corporate Tax
Loss incurred on sale of foreign cars used in business without claming dep. would be treated as business loss: HC
Posted on
on
June 28, 2017
Tenet Tax Daily June 24 2017
By
tenettax-team
Corporate Tax
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Matter remanded to decide whether sum paid to Singaporean Co. for providing advice & guidelines was taxable in India
Funds were to be taxed in hands of investors if revocable contributions were made to trust
