PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Addition u/s 68 - assessee opted to declare income u/s 44AD @ 8% - Section 44AD was introduced to help the small traders to tax on presumptive basis who have difficulties in maintaining books of account and other records - neither AO nor the CIT(A) have given any reason as to why the provisions of Section 44AD are not applicable to this case - no addition u/s 68 when income has been estimated
Addition u/s 68 - assessee opted to declare income u/s 44AD @ 8% - Section 44AD was introduced to help the small traders to tax on presumptive basis who have difficulties in maintaining books of account and other records - neither AO nor the CIT(A) have given any reason as to why the provisions of Section 44AD are not applicable to this case - no addition u/s 68 when income has been estimated
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
