Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business inco...
Functional comparability under TNMM requires highway contract benchmarks to reflect operation, maintenance and transfer activities, requiring fresh be...
Charitable purpose - Application of loan repayment allowability - The repayment of loan is not an allowable deduction against profit and gains of the business even under section 30 to 43C of the Act - the assessee is not eligible for application of loan repayment against the income for charitable purposes. - AT
Charitable purpose - Application of loan repayment allowability - The repayment of loan is not an allowable deduction against profit and gains of the business even under section 30 to 43C of the Act - the assessee is not eligible for application of loan repayment against the income for charitable purposes. - AT
Note: It is a system-generated summary and is for quick reference only.