Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
Exemption u/s 11 - Charitable activity u/s 2(15) - entities engaged in providing other than essential services - business of providing built-up space or making available vacant land, on leasehold basis - the letting is being undertaken in an organized manner - The lease rentals are deployed to finance both creation of more built-up space, as well as through charge of depreciation, sustain that existing. - The same qualifies as an eligible business u/s. 11(4A), and it’s income assessable as business income. - AT
Exemption u/s 11 - Charitable activity u/s 2(15) - entities engaged in providing other than essential services - business of providing built-up space or making available vacant land, on leasehold basis - the letting is being undertaken in an organized manner - The lease rentals are deployed to finance both creation of more built-up space, as well as through charge of depreciation, sustain that existing. - The same qualifies as an eligible business u/s. 11(4A), and it’s income assessable as business income. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
