No revision by CIT to deny loss on sale of debentures if AO had allowed such loss after making proper enquiries
IT: Where Assessing Officer accepted loss declared by assessee on sale of non-convertible debentures after considering books of account and detailed reply submitted to questionnaire issued to assessee, impugned revisional order passed on ground that loss in question was allowed without making proper enquiries, was to be set aside
Regards
Prarthana Jalan
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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>
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