Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Addition as perquisite u/s 17(2)(iv) - payment for credit card bills made by the company on her behalf - The ITAT deleted the addition accepting the assessee's contention that the expenses were for business purposes and not personal perquisites. This decision was made considering the evidence provided by the assessee demonstrating the nature of the expenses incurred in connection with the business.
Addition as perquisite u/s 17(2)(iv) - payment for credit card bills made by the company on her behalf - The ITAT deleted the addition accepting the assessee's contention that the expenses were for business purposes and not personal perquisites. This decision was made considering the evidence provided by the assessee demonstrating the nature of the expenses incurred in connection with the business.
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