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...
Accrual of income - An income from the MOU/lease agreement cannot be said to have accrued or arisen or become legally due to assessee till the time the underlying integral conditions of MOU are fulfilled - taxability of income from proposed lease merely based on book entries de hors its accrual is not sustainable in law when tested on the touchstone of realistic parameters and well established judicial principles
Accrual of income - An income from the MOU/lease agreement cannot be said to have accrued or arisen or become legally due to assessee till the time the underlying integral conditions of MOU are fulfilled - taxability of income from proposed lease merely based on book entries de hors its accrual is not sustainable in law when tested on the touchstone of realistic parameters and well established judicial principles
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TaxTMI 
TaxTMI 
