PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Addition of unexplained/unsecured loans/cash credit - All the transactions have passed through the eyes of the auditor who has issued tax audit report u/s 44AB of the Act mentioning about the loans taken and repaid during the year. There is no evidence on record to shows that any enquiry was initiated by the assessing officer on the basis of PAN No. and other details. - CIT(A) rightly deleted the additions.
Addition of unexplained/unsecured loans/cash credit - All the transactions have passed through the eyes of the auditor who has issued tax audit report u/s 44AB of the Act mentioning about the loans taken and repaid during the year. There is no evidence on record to shows that any enquiry was initiated by the assessing officer on the basis of PAN No. and other details. - CIT(A) rightly deleted the additions.
Note: It is a system-generated summary and is for quick reference only.