2019 (2) TMI 730

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....Income Tax Appellate Tribunal ("the Tribunal" for short) raising following question for our consideration : "(i) Whether on the facts and in the circumstances of the caseand in law, the Tribunal is justified in holding that the assessee has incurred business loss on account of guarantee extended inthe ordinary course of business? 2. The respondent assessee is a limited company, filed its return....