Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Addition to equity & to unsecured loans & sundry creditors - when 1500 investors have filed FIR's & law suits claiming about ₹ 15 crores as paid by them and Crime Branch status report clearly establishes that the assessee had collected funds from public at large and had not repaid them - Therefore, the existence of the depositors cannot be doubted - no addition called for
Addition to equity & to unsecured loans & sundry creditors - when 1500 investors have filed FIR's & law suits claiming about ₹ 15 crores as paid by them and Crime Branch status report clearly establishes that the assessee had collected funds from public at large and had not repaid them - Therefore, the existence of the depositors cannot be doubted - no addition called for
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