Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
Page of 4916
Press 'Enter' after typing page number.
41 to 60 of 98302 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
ITAT upheld AO's jurisdiction to examine undisclosed share transaction investments under limited scrutiny assessment. AO's examination of unsecured loans was deemed valid as investments were funded through loans, necessitating verification of creditors' genuineness and creditworthiness. Regarding Rs. 21 lakhs loan from spouse secured against property, ITAT remanded matter to AO for detailed verification of loan creditors and documentation. While assessee provided affidavits, insufficient evidence existed to establish creditors' creditworthiness. AO directed to verify loan credits and issue necessary summons to creditors. First ground of appeal dismissed, second ground partially allowed for statistical purposes.
ITAT upheld AO's jurisdiction to examine undisclosed share transaction investments under limited scrutiny assessment. AO's examination of unsecured loans was deemed valid as investments were funded through loans, necessitating verification of creditors' genuineness and creditworthiness. Regarding Rs. 21 lakhs loan from spouse secured against property, ITAT remanded matter to AO for detailed verification of loan creditors and documentation. While assessee provided affidavits, insufficient evidence existed to establish creditors' creditworthiness. AO directed to verify loan credits and issue necessary summons to creditors. First ground of appeal dismissed, second ground partially allowed for statistical purposes.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
