Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Depreciation - Determination of value / cost of assets - reduction of the value received by it in the form of forfeiture of amount in an earlier agreement for sale of asset - quoting a wrong section would not be fatal in making a correct disallowance - there is no reason why assessee’s claim of depreciation to the extent of entire amount of receipt should not be reduced.
Depreciation - Determination of value / cost of assets - reduction of the value received by it in the form of forfeiture of amount in an earlier agreement for sale of asset - quoting a wrong section would not be fatal in making a correct disallowance - there is no reason why assessee’s claim of depreciation to the extent of entire amount of receipt should not be reduced.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
