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![Not clear about loss occurred due to Embezzlement by Employees, the claim of Loss made by employee not allowable: ITAT [Read Order] Not clear about loss occurred due to Embezzlement by Employees, the claim of Loss made by employee not allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/loss-Embezzlement-claim-employee-ITAT-taxscan.jpg)
Not clear about loss occurred due to Embezzlement by Employees, the claim of Loss made by employee not allowable: ITAT [Read Order]
In the case of Aditya Birla Money Mart Limited, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a claim of Loss made by...


![Embezzlement Loss due to Siphoning of Funds of Company by Employees is ‘Business Loss’: ITAT Mumbai [Read Order] Embezzlement Loss due to Siphoning of Funds of Company by Employees is ‘Business Loss’: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Black-Money-Tax-Scan.jpg)