Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Disallowance of Event Management Expenses - Assessee failed to furnish the details of the invitees, the procedure adopted for selecting invitees - there is no evidence on record suggesting that there was no personal guest of the directors in such event/gathering - disallowance limited to the extent of 25% of the total expenses.
Disallowance of Event Management Expenses - Assessee failed to furnish the details of the invitees, the procedure adopted for selecting invitees - there is no evidence on record suggesting that there was no personal guest of the directors in such event/gathering - disallowance limited to the extent of 25% of the total expenses.
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