https://www.taxtmi.com/highlights?id=18396 Loss on account of assignment of debt - Nature of sum advanced - Letting or leasing out of premises - as far as the assessee is concerned, the advance was made to acquire a capital asset - loss is of capital in nature - AT en-us Sat, 03 May 2014 12:52:53 +0530 Sat, 03 May 2014 12:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=18396 Loss on account of assignment of debt - Nature of sum advanced - Letting or leasing out of premises - as far as the assessee is concerned, the advance was made to acquire a capital asset - loss is of capital in nature - AT Highlights Income Tax Sat, 03 May 2014 12:52:53 +0530 https://www.taxtmi.com/highlights?id=18396