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...
Interest income - Correct head of income - income from other sources OR income from business - if interest income earned by the assessee is not incidental to the business activity of the assessee but on loans in the market for earning the interest intentionally and deliberately then it is income from other sources and not the business income.
Interest income - Correct head of income - income from other sources OR income from business - if interest income earned by the assessee is not incidental to the business activity of the assessee but on loans in the market for earning the interest intentionally and deliberately then it is income from other sources and not the business income.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
