IT293RSR ARCHIVED - Debtor's gain on settlement of debt

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IT293RSR ARCHIVED - Debtor's gain on settlement of debt


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We have archived this page and will not be updating it.

You can use it for research or reference.

This Special Release constitutes an update to IT-293R dealing with the gain that a debtor realizes, in settling a debt or other obligation otherwise than by the paymenty in full of the principal amount, is applied to reduce losses in a specific order.

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Date modified:
2025-08-26