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![Provisions of Deemed Profit would not attract on Unilateral Act of Writing Off of Advance given to Subsidiary Company: ITAT [Read Order] Provisions of Deemed Profit would not attract on Unilateral Act of Writing Off of Advance given to Subsidiary Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Write-Offs-Taxscan.jpg)
Provisions of Deemed Profit would not attract on Unilateral Act of Writing Off of Advance given to Subsidiary Company: ITAT [Read Order]
The Income Tax Appellate Tribunal, Delhi bench last week held that in case of unilateral act of writing off of advance given to subsidiary company do...