https://www.taxtmi.com/caselaws?id=433920 Miscellaneous income attributed to a banquet hall was required to be verified against the dealer's financial statements and ledger entries, and any addition had to be deleted if the receipts were already included as banquet hall income and taxed under the applicable scheme. Rule 3C could not survive as an independent basis for fictional bifurcation of banquet hall receipts after omission of Section 4(2B) of the Kerala Tax on Luxuries Act, 1976. Artificial segregation of such income was therefore impermissible, and additions founded on that basis were unsustainable. en-us Wed, 04 Jan 2023 00:00:00 +0530 Tue, 14 Feb 2023 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433920 Miscellaneous income attributed to a banquet hall was required to be verified against the dealer's financial statements and ledger entries, and any addition had to be deleted if the receipts were already included as banquet hall income and taxed under the applicable scheme. Rule 3C could not survive as an independent basis for fictional bifurcation of banquet hall receipts after omission of Section 4(2B) of the Kerala Tax on Luxuries Act, 1976. Artificial segregation of such income was therefore impermissible, and additions founded on that basis were unsustainable. Case-Laws Indian Laws Wed, 04 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433920