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    Appellate enhancement limits protect against new income sources, while documented credits and prior-year investments resist unexplained-income additio...
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Exemption u/s 11 - as assessee has already been allowed cost of...

Section 11 Exemption Denied: Loan Repayment Not Considered Income Application Due to Prior Cost Allowance.

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Income Tax November 15, 2016 Case Laws AT
Exemption u/s 11 - as assessee has already been allowed cost of addition to asset acquired out of the loans as application of income in relevant years and therefore assessee cannot be allowed the repayment of loan as application of the income - AT

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Acts Income Tax