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![Loss on Forfeiture of Deposit on Surrender of Industrial Plot is Capital Loss: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/09/Security-Deposit-Delhi-High-Court-Taxscan.jpg "Loss on Forfeiture of Deposit on Surrender of Industrial Plot is Capital Loss: Delhi High Court [Read Judgment]")
Loss on Forfeiture of Deposit on Surrender of Industrial Plot is Capital Loss: Delhi High Court [Read Judgment]
A two-judge bench of the Delhi High Court has held that the loss occurred on the forfeiture of deposit/ advances suffered by the assessee- Company...