Business Allowed 20% Deduction for Loss Due to Mutilated Currency Notes in Taxable Income Calculation. https://www.taxtmi.com/highlights?id=41286 Loss from mutilated currency notes claimed as business loss/business expenditure in computation of taxable total income - AO to allow the loss to the extent of 20% en-us Fri, 07 Sep 2018 09:06:01 +0530 Fri, 07 Sep 2018 09:06:01 +0530 TaxTMI RSS Generator Business Allowed 20% Deduction for Loss Due to Mutilated Currency Notes in Taxable Income Calculation. https://www.taxtmi.com/highlights?id=41286 Loss from mutilated currency notes claimed as business loss/business expenditure in computation of taxable total income - AO to allow the loss to the extent of 20% Highlights Income Tax Fri, 07 Sep 2018 09:06:01 +0530 https://www.taxtmi.com/highlights?id=41286