Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Page of 4786
Press 'Enter' after typing page number.
661 to 680 of 95714 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Benami routing of demonetised cash through RTGS entries was upheld where the appellant could not show any prior business relationship with the linked firms, and its bullion-sale explanation rested only on self-generated bills and records. The Tribunal treated the bill mismatches, overwriting, immediate post-demonetisation timing, and the alleged benamidar's admission of receiving cash for RTGS entries as corroboration of the respondent's case, and sustained provisional attachment. On natural justice, denial of cross-examination did not vitiate the order because no statement of one intermediary was on record, the alleged benamidar was offered cross-examination but did not appear, and no actual prejudice was shown.
Benami routing of demonetised cash through RTGS entries was upheld where the appellant could not show any prior business relationship with the linked firms, and its bullion-sale explanation rested only on self-generated bills and records. The Tribunal treated the bill mismatches, overwriting, immediate post-demonetisation timing, and the alleged benamidar's admission of receiving cash for RTGS entries as corroboration of the respondent's case, and sustained provisional attachment. On natural justice, denial of cross-examination did not vitiate the order because no statement of one intermediary was on record, the alleged benamidar was offered cross-examination but did not appear, and no actual prejudice was shown.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4786
Join Channel
TaxTMI 
