Reimbursements by Principal Companies Aren't Income or Savings for Assessee, Notional Income Clarified in Tax Case Law.

Reimbursements by Principal Companies Aren't Income or Savings for Assessee, Notional Income Clarified in Tax Case Law. https://www.taxtmi.com/highlights?id=16375 Notional income out of reimbursement - When the principal companies have reimbursed the expenditure, there cannot be any presumption that the assessee must have saved some money out of the same - AT en-us Sun, 15 Dec 2013 10:39:08 +0530 Sun, 15 Dec 2013 10:39:08 +0530 TaxTMI RSS Generator Reimbursements by Principal Companies Aren't Income or Savings for Assessee, Notional Income Clarified in Tax Case Law. https://www.taxtmi.com/highlights?id=16375 Notional income out of reimbursement - When the principal companies have reimbursed the expenditure, there cannot be any presumption that the assessee must have saved some money out of the same - AT Highlights Income Tax Sun, 15 Dec 2013 10:39:08 +0530 https://www.taxtmi.com/highlights?id=16375