Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Profit earned on sale of shares - frequency and volume of purchase and sale of shares shows, intention of assessee was to generate income through trade, rather than invest in them. - CIT (A) is not correct in considering income generated from sale of these shares as “capital gain” instead of “income from business”.
Profit earned on sale of shares - frequency and volume of purchase and sale of shares shows, intention of assessee was to generate income through trade, rather than invest in them. - CIT (A) is not correct in considering income generated from sale of these shares as “capital gain” instead of “income from business”.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
