Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Expenditure allowable u/s. 57 - rental income from sub leased the property taxed under the head income from other sources - claim of depreciation and corporate expenses etc. - expanses cannot be allowed in the absence of direct nexus - AT
Expenditure allowable u/s. 57 - rental income from sub leased the property taxed under the head income from other sources - claim of depreciation and corporate expenses etc. - expanses cannot be allowed in the absence of direct nexus - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
