https://www.taxtmi.com/highlights?id=24607 Claim of business loss rejected - loss comprised of deposit relatable to dealership/distributorship and the balance referable to cylinder hire charges due to fraud/cheating on him - the said deposit made should not be treated as revenue in nature and the loss thereof must not be treated as business loss. - HC en-us Tue, 08 Sep 2015 11:24:22 +0530 Tue, 08 Sep 2015 11:24:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24607 Claim of business loss rejected - loss comprised of deposit relatable to dealership/distributorship and the balance referable to cylinder hire charges due to fraud/cheating on him - the said deposit made should not be treated as revenue in nature and the loss thereof must not be treated as business loss. - HC Highlights Income Tax Tue, 08 Sep 2015 11:24:22 +0530 https://www.taxtmi.com/highlights?id=24607