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...
Nature of income - profit earn on sale of shares - STCG or Business Income - in the earlier assessment years the assessee had consistently shown the receipts of sale of share as capital gain which the revenue had also accepted - AO desired to tax income as business income in the current year, in view of the change in tax rates, which was same in the earlier years - held as STCG - no question of law arises
Nature of income - profit earn on sale of shares - STCG or Business Income - in the earlier assessment years the assessee had consistently shown the receipts of sale of share as capital gain which the revenue had also accepted - AO desired to tax income as business income in the current year, in view of the change in tax rates, which was same in the earlier years - held as STCG - no question of law arises
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TaxTMI 
TaxTMI 
