Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Disallowance of interest u/s 40A(2)(b) - money was first diverted by the assessee from his business as a gift to the three persons and thereafter the same money was given to the assessee at the rate of 16% per annum - the entire series of transactions were illusory, colourable and not genuinely for the purpose of the business - HC
Disallowance of interest u/s 40A(2)(b) - money was first diverted by the assessee from his business as a gift to the three persons and thereafter the same money was given to the assessee at the rate of 16% per annum - the entire series of transactions were illusory, colourable and not genuinely for the purpose of the business - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
