Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
recognized loss
Tax. The portion of a loss that is subject to income taxation. IRC (26 USCA) ยง 1001(c).
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Tax. The portion of a loss that is subject to income taxation. IRC (26 USCA) ยง 1001(c).