Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
Unsubstantiated exempt agricultural income claim sustains concealment penalty after disclosure only on departmental detection and no bona fide evidenc...
Claim of legal expenses u/s 57(iii) against interest income - expenditure for recovering FD and interest - direct nexus - the award of interest is only by the specific directions of the Hon’ble High Court of Madras - the expenditure incurred by the assessee was wholly an exclusively for the purpose of earning of the income to qualify deduction u/s 57(iii) - AT
Claim of legal expenses u/s 57(iii) against interest income - expenditure for recovering FD and interest - direct nexus - the award of interest is only by the specific directions of the Hon’ble High Court of Madras - the expenditure incurred by the assessee was wholly an exclusively for the purpose of earning of the income to qualify deduction u/s 57(iii) - AT
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