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![Loss Incurred by Embezzlement is an Admissible Deduction: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Loss-Loss-Incurred-by-Embezzlement-Admissible-Deduction-ITAT-allows-Appeal-Embezzlement-income-tax-taxscan-3.jpg "Loss Incurred by Embezzlement is an Admissible Deduction: ITAT allows Appeal [Read Order]")
Loss Incurred by Embezzlement is an Admissible Deduction: ITAT allows Appeal [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) held that the loss incurred by embezzlement is an admissible deduction. The...