Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
Scheduled Tribe income exemption applies only where the taxpayer establishes income from a valid, bona fide source within the statutory conditions. Cash deposits treated as unexplained money do not become exempt solely because the taxpayer is a Scheduled Tribe member residing in a specified State. Bank statements, without books of account or other evidence establishing the source, are insufficient to prove the character of deposits. Consequently, additions for unexplained cash deposits remain taxable and the claimed exemption is unavailable.
Scheduled Tribe income exemption applies only where the taxpayer establishes income from a valid, bona fide source within the statutory conditions. Cash deposits treated as unexplained money do not become exempt solely because the taxpayer is a Scheduled Tribe member residing in a specified State. Bank statements, without books of account or other evidence establishing the source, are insufficient to prove the character of deposits. Consequently, additions for unexplained cash deposits remain taxable and the claimed exemption is unavailable.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4888 
