Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
Anonymous donation - membership fees and receipt for carnival expenses - carnival was organized for old Xavierians and present Xavierians students only - assessee is showing that impugned amount was received under four heads for specific purposes and has incurred expenses for prize distribution, carnival expenses and other office establishment expenses then the same cannot be treated as anonymous donation
Anonymous donation - membership fees and receipt for carnival expenses - carnival was organized for old Xavierians and present Xavierians students only - assessee is showing that impugned amount was received under four heads for specific purposes and has incurred expenses for prize distribution, carnival expenses and other office establishment expenses then the same cannot be treated as anonymous donation
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