Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Restriction on cash expenditure u/s 40A(3) - activity of supply of food grains, sugar & kerosene under Public Distribution System - payments has been made to dealer authorised by the Govt. and not to the Government itself. - disallowance confirmed - AT
Restriction on cash expenditure u/s 40A(3) - activity of supply of food grains, sugar & kerosene under Public Distribution System - payments has been made to dealer authorised by the Govt. and not to the Government itself. - disallowance confirmed - AT
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