Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Income-tax exemption for specified regulatory fees and government grants applies subject to non-commercial activity and continuing compliance conditio...
Digital accessibility audit and remediation deadlines extended, while all other disability-compliance obligations for regulated entities remain unchan...
Addition u/s 68 - accommodation entries receipts - onus to prove - The tribunal held that, when an assessee provides all necessary documents and no adverse findings are noted, the assessee has discharged their onus. The tribunal referenced several case laws supporting this principle, including the principle that the source of the source of investment is not required to be explained. The addition for commission was also deleted as the main addition u/s 68 was removed.
Addition u/s 68 - accommodation entries receipts - onus to prove - The tribunal held that, when an assessee provides all necessary documents and no adverse findings are noted, the assessee has discharged their onus. The tribunal referenced several case laws supporting this principle, including the principle that the source of the source of investment is not required to be explained. The addition for commission was also deleted as the main addition u/s 68 was removed.
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