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...
Presumptive income - enhancement of threshold limits - U/s 44AD if 95% of gross receipts and payments through no-cash mode than limit of presumptive taxation increased to ₹10 cr in case of trading concerns - Further U/s 44ADA if cash receipts are not more than 5% than presumptive taxation limit for professionals having gross receipts up to ₹75 Lakhs.
Presumptive income - enhancement of threshold limits - U/s 44AD if 95% of gross receipts and payments through no-cash mode than limit of presumptive taxation increased to ₹10 cr in case of trading concerns - Further U/s 44ADA if cash receipts are not more than 5% than presumptive taxation limit for professionals having gross receipts up to ₹75 Lakhs.
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