Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Disallowance of direct expenses materials - there is no doubt of whatsoever with regard to purchases of materials for the purpose of development of land. - When 50% direct expense is genuine, then remaining 50% cannot be non-genuine merely because it was purchased from associate concern.
Disallowance of direct expenses materials - there is no doubt of whatsoever with regard to purchases of materials for the purpose of development of land. - When 50% direct expense is genuine, then remaining 50% cannot be non-genuine merely because it was purchased from associate concern.
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