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![Loss arising from Forfeiture of Advance Paid on Convertible Warrants is Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Business-Loss-Taxscan.jpg "Loss arising from Forfeiture of Advance Paid on Convertible Warrants is Business Loss: ITAT [Read Order]")
Loss arising from Forfeiture of Advance Paid on Convertible Warrants is Business Loss: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench held that the loss arising from forfeiture of the advance paid on convertible warrants is a...