Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Receipt of bonus share - investments or stock in trade - original shares were part of stock in trade - bonus shares given by company in proportion to the holding of equity capital by shareholders would, in the absence of express provision to be contrary be treated as capital and not income - hence it form part of investments
Receipt of bonus share - investments or stock in trade - original shares were part of stock in trade - bonus shares given by company in proportion to the holding of equity capital by shareholders would, in the absence of express provision to be contrary be treated as capital and not income - hence it form part of investments
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