Supreme Court Explains: Debt Becoming Financial & Operational Debt || P&H HC: Model Code of Conduct Can’t Stand in Way of Execution of Judicial Order || Chh. HC: Can’t Build Matrimonial Home With Bricks & Stones, Love & Respect Between Spouses Required || Ker. HC: Fitting of Sensors in Buses Used as Stage Carriages Can’t be Insisted by Registration Author || Kar. HC: Can’t Consider Party’s Declaration, Promise of Policies as Corrupt Practise under RP Act || Bom. HC: Public Sector Banks Not Empowered to Issue Look Out Circulars Against Loan Defaulters || Mad. HC: Child Needs Safe & Caring Environment While Growing up, Corporal Punishment Not a Solution || Mad. HC: 2020 Amendment to Public Premises (Eviction of Unauthorised Occupants) Act, Struck Down || Del. HC: Persons Not Accused of Deceiving Others Should Handle Haj Pilgrims || Del. HC: Centre Directed to Decide Plea to Recruit Women Through CDS, Within Eight Weeks

Search Results for Tag : Business Loss

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SC: Loss on Confiscation of Smuggled Items by DRI Officials Not ‘Business Loss’(27.04.2023)

Supreme Court has held that loss claimed by the assessee on account of confiscation of smuggled items by the Customs department, can’t be treated as ‘.....

Tags : Supreme Court, Smuggled Items, Business Loss

ITAT, Bangalore: Unascertained Business Loss Cannot be Allowed as Deduction(09.03.2022)

Income Tax Appellate Tribunal, Bangalore has ruled that unless the recovery of embezzled amount in the course of business was impossible, it could not.....

Tags : Income Tax Appellate Tribunal, Unascertained Business Loss