Remission of Loan Liability - sales tax payable by appellant was converted into loan - the same has been held to be a capital receipt - not taxable - Tri - Income Tax - Highlights

Income Tax - Dated - 25-11-2013 - Remission of Loan Liability - sales tax payable by appellant was converted into loan - the same has been held to be a capital receipt - not taxable - Tri - TMI Tax Updates - Highlights ................................... Income Tax - Highlights