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...
Foreign contribution income recognition based on accrual accounting - assessee recognized income and unspent grant liability for AY 2021-22, offered unspent grant as income in AY 2022-23 along with other receipts - detailed workings provided - unspent grant income offered in subsequent year - no addition warranted in the year under consideration - appeal allowed by Appellate Tribunal deleting the addition made by the Assessing Officer.
Foreign contribution income recognition based on accrual accounting - assessee recognized income and unspent grant liability for AY 2021-22, offered unspent grant as income in AY 2022-23 along with other receipts - detailed workings provided - unspent grant income offered in subsequent year - no addition warranted in the year under consideration - appeal allowed by Appellate Tribunal deleting the addition made by the Assessing Officer.
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