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...
Addition on account of loss in bardana - In such type of business the bardana is used to store goods like paddy, rice and rice bran etc. and again reused, the value of bardana deteriorate with passage of time and there is also wear and tear, therefore, the purchase price and the sale price of bardana cannot be the same. - the addition made on account of loss in bardana was not justified - AT
Addition on account of loss in bardana - In such type of business the bardana is used to store goods like paddy, rice and rice bran etc. and again reused, the value of bardana deteriorate with passage of time and there is also wear and tear, therefore, the purchase price and the sale price of bardana cannot be the same. - the addition made on account of loss in bardana was not justified - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
