Exemption for examination-related services rejected where recipients were commercial entities; suppression sustained extended limitation and penalties...
Profits arising from purchase and sale of shares - The principal business of the assessee was granting of loans and advances. - assessee’s income was not assessable as speculation profit either - AT
Profits arising from purchase and sale of shares - The principal business of the assessee was granting of loans and advances. - assessee’s income was not assessable as speculation profit either - AT
Note: It is a system-generated summary and is for quick reference only.
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