CPC Cannot Disallow Diminution in Subsidiary Investment Under Section 143(1)(a) Contrary to Jurisdictional High Court Ruling
CPC Cannot Disallow Diminution in Subsidiary Investment Under Section 143(1)(a) Contrary to Jurisdictional High Court Ruling Issue Whether CPC can disallow a claim for diminution in value of investment in a wholly-owned subsidiary under Section 143(1)(a) based solely on a Tax Audit Report when a binding Jurisdictional High Court decision allows it, and whether non-consideration… Read More »