https://www.taxtmi.com/highlights?id=68629 Nature of surrendered income - business income or otherwise - It is for the Revenue to prove that there were some other sources noticed. We cannot expect the assessee to prove the negative. In the peculiar facts of the present case as available on record we find that the surrender was from the normal business income of the assessee. - AT en-us Tue, 07 Mar 2023 11:07:47 +0530 Tue, 07 Mar 2023 11:07:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68629 Nature of surrendered income - business income or otherwise - It is for the Revenue to prove that there were some other sources noticed. We cannot expect the assessee to prove the negative. In the peculiar facts of the present case as available on record we find that the surrender was from the normal business income of the assessee. - AT Highlights Income Tax Tue, 07 Mar 2023 11:07:47 +0530 https://www.taxtmi.com/highlights?id=68629