Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
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Additions based only on an impounded diary and survey disclosure were deleted because the Assessing Officer had no corroborative material, and the concluded land transaction made the alleged later cash payment improbable; the retraction was accepted and no substantial question of law arose. On the separate issue of unexplained investment, cash receipts recorded in the same diary were telescoped against the investment already offered to tax, preventing double taxation; this too was treated as a factual finding with no substantial question of law. The Revenue's challenges therefore failed and its appeals were dismissed.
Additions based only on an impounded diary and survey disclosure were deleted because the Assessing Officer had no corroborative material, and the concluded land transaction made the alleged later cash payment improbable; the retraction was accepted and no substantial question of law arose. On the separate issue of unexplained investment, cash receipts recorded in the same diary were telescoped against the investment already offered to tax, preventing double taxation; this too was treated as a factual finding with no substantial question of law. The Revenue's challenges therefore failed and its appeals were dismissed.
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