Loss arising on sale of business assets at amount less than WDV to be treated as business loss u/s 41

INCOME TAX : Where certain assets of block of assets, not being immovable property of assessee, were sold during regular course of business, before it was wound up during relevant previous year, loss occurring on such sale at a figure less than written down value of assets should be treated as 'Business Loss' under section 41(2)

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