Just a moment...

⚠✕
Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error ✕
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS
PrevPreviousNextNext

Share Value Drop Seen as Notional Capital Loss, Not Revenue Expenditure for Tax Purposes.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Diminution in the value of the shares - value of its investments that have fallen down which is nothing but a notional capital loss - cannot be allowed as Revenue expenditure. - AT....

PrevPreviousNextNext