Business Loss - Deduction of NCD
Last updated: 13 May 2010
Court :
Supreme Court
Brief :
Business Loss - Deduction of NCD - deduction of the losses at Rs.111/- per NCD as a business loss - market value of the shares at the time of issue of NCD – held that – matter remanded to high court - We expect the High Court to answer the question in accordance with law
Citation :
Commissioner of Income Tax, Delhi...Appellant(s) Versus Jindal Equipment Leasing and Consultancy Service Limited...Respondent(s)
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Rahul Gupta
Published in Income Tax
Views : 1616
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