Embezzlement Loss Deduction Disallowed for 1990-91; Not Permitted Under Income Tax Act Sections 36, 37(1. https://www.taxtmi.com/highlights?id=4851 Embezzlement of cash by employee in AY 84-85 - loss claimed in the year 1990-91 - dis-allowance - cannot be allowed as deduction u/s 36 or 37(1). - HC en-us Fri, 17 Aug 2012 21:09:07 +0530 Fri, 17 Aug 2012 21:09:07 +0530 TaxTMI RSS Generator Embezzlement Loss Deduction Disallowed for 1990-91; Not Permitted Under Income Tax Act Sections 36, 37(1. https://www.taxtmi.com/highlights?id=4851 Embezzlement of cash by employee in AY 84-85 - loss claimed in the year 1990-91 - dis-allowance - cannot be allowed as deduction u/s 36 or 37(1). - HC Highlights Income Tax Fri, 17 Aug 2012 21:09:07 +0530 https://www.taxtmi.com/highlights?id=4851