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Bussiness profession head sec 41(1)

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(Querist)
28 July 2014 dear sir

please tell that if a loan taken for purchasing inventory is waived on which no interest was claimed And allowed
and there was a short payment of 350000
rs

Please tell what will be the treatment with brief analysis
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Manish D vyas

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Manish D vyas (Querist)
02 August 2014 Please anyone answer it

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