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...
Unaccounted income on sale of plots in cash - estimation of Net profit - estimation on the on- money received by the assessee - The Tribunal dismissed the Assessee's appeal, rejecting their argument regarding the taxation of the profit element in the on-money received. It held that the method adopted for estimating net profit in real estate transactions was not applicable in this case.
Unaccounted income on sale of plots in cash - estimation of Net profit - estimation on the on- money received by the assessee - The Tribunal dismissed the Assessee's appeal, rejecting their argument regarding the taxation of the profit element in the on-money received. It held that the method adopted for estimating net profit in real estate transactions was not applicable in this case.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
