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...
Amount received from members as ‘transfer fees’ - co-operative society - assessee does not represent mutual concerns and to such activities the concept of mutuality cannot be applied. - AT
Amount received from members as ‘transfer fees’ - co-operative society - assessee does not represent mutual concerns and to such activities the concept of mutuality cannot be applied. - AT
Note: It is a system-generated summary and is for quick reference only.