<?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>Income Declared in Survey Should Be Assessed as Business Income, Not Unexplained Income or Income from Other Sources.</title>
    <link>https://www.taxtmi.com/highlights?id=71639</link>
    <description>Nature of income surrendered during survey - Taxable ‘Head of income’ - excess income declared during the course of survey proceedings cannot be treated as unexplained income of the assessee-appellant since credited to P &amp; L A/c and cannot be assessed as income from other sources, but, under income from business. - AT</description>
    <language>en-us</language>
    <pubDate>Thu, 24 Aug 2023 17:16:44 +0530</pubDate>
    <lastBuildDate>Fri, 25 Aug 2023 14:26:18 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=723593" rel="self" type="application/rss+xml"/>
    <item>
      <title>Income Declared in Survey Should Be Assessed as Business Income, Not Unexplained Income or Income from Other Sources.</title>
      <link>https://www.taxtmi.com/highlights?id=71639</link>
      <description>Nature of income surrendered during survey - Taxable ‘Head of income’ - excess income declared during the course of survey proceedings cannot be treated as unexplained income of the assessee-appellant since credited to P &amp; L A/c and cannot be assessed as income from other sources, but, under income from business. - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Thu, 24 Aug 2023 17:16:44 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=71639</guid>
    </item>
  </channel>
</rss>