<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Tax Survey Income: Classification Debate u/s 69 vs. Business Income; Accounting Practices Influence Decision.</title>
    <link>https://www.taxtmi.com/highlights?id=68621</link>
    <description>Nature of income surrendered during the course of survey - Addition u/s 69 r/w section 115BBE or business income - Where the assessee has subsequently recorded the same in his books of accounts as part of business income, it cannot be said that the said action on part of the assessee is not in accordance with accepted accounting methodology and the nature of such income is other than business income. - AT</description>
    <language>en-us</language>
    <pubDate>Mon, 06 Mar 2023 11:51:09 +0530</pubDate>
    <lastBuildDate>Mon, 06 Mar 2023 11:51:09 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=706957" rel="self" type="application/rss+xml"/>
    <item>
      <title>Tax Survey Income: Classification Debate u/s 69 vs. Business Income; Accounting Practices Influence Decision.</title>
      <link>https://www.taxtmi.com/highlights?id=68621</link>
      <description>Nature of income surrendered during the course of survey - Addition u/s 69 r/w section 115BBE or business income - Where the assessee has subsequently recorded the same in his books of accounts as part of business income, it cannot be said that the said action on part of the assessee is not in accordance with accepted accounting methodology and the nature of such income is other than business income. - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Mon, 06 Mar 2023 11:51:09 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=68621</guid>
    </item>
  </channel>
</rss>