Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
Suppression of profit - hare / stock broker - fictitious loss by way of Client Code Modification (CCM) - except for general observation of investigation wing, there was no minimum adverse material on record which would prima-facie prove that loss was fictious and the assessee was in connivance with brokers - transactions were duly reflected in the books and done through banking channels - duly allowable
Suppression of profit - hare / stock broker - fictitious loss by way of Client Code Modification (CCM) - except for general observation of investigation wing, there was no minimum adverse material on record which would prima-facie prove that loss was fictious and the assessee was in connivance with brokers - transactions were duly reflected in the books and done through banking channels - duly allowable
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