Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
The appeal pertains to the Assessment Year 2017-18, with the appellant contesting the rejection of agricultural income and the addition of cash deposits during demonetization. The appellant provides comprehensive documentation supporting both claims, while the department fails to furnish conclusive evidence against them. The ITAT finds in favor of the appellant, deleting the additions made by the Assessing Officer.
The appeal pertains to the Assessment Year 2017-18, with the appellant contesting the rejection of agricultural income and the addition of cash deposits during demonetization. The appellant provides comprehensive documentation supporting both claims, while the department fails to furnish conclusive evidence against them. The ITAT finds in favor of the appellant, deleting the additions made by the Assessing Officer.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
