Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Taxability of interest on FDRs - mutually aided co-operative society to build houses for its members - funds collected from the members are in the nature of capital - capital required for the project are kept in the bank and interest earned can be applied for the purpose of meeting administration cost of the project or can reduce the capital cost of the project - not taxable
Taxability of interest on FDRs - mutually aided co-operative society to build houses for its members - funds collected from the members are in the nature of capital - capital required for the project are kept in the bank and interest earned can be applied for the purpose of meeting administration cost of the project or can reduce the capital cost of the project - not taxable
Note: It is a system-generated summary and is for quick reference only.
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