2017 (11) TMI 1156

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....Advs. For the Respondent : Mr. Sachit Jolly, Adv.  ORDER The question of law urged by the Revenue is with respect to the treatment of loss on sale of loan portfolio, which was not accepted as falling in the capital stream but treated as income. The assessee, a non-banking financial company, had relied upon Section 36(2)(i) which reads as follows: "36.(2) In making any deduct....