https://www.taxtmi.com/caselaws?id=778997 Income surrendered during survey was treated as business income where the record linked it to business operations, so section 115BBE did not apply and the addition was directed to be taxed under the business head. Partner remuneration under section 40(b) had to be recalculated on the revised book profit after giving effect to the business additions, and the earlier computation was not sustained in its existing form. By contrast, the claimed expenditure against surrendered income was disallowed because no contemporaneous claim or supporting material was produced to justify the deduction. en-us Thu, 17 Apr 2025 00:00:00 +0530 Mon, 02 Mar 2026 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778997 Income surrendered during survey was treated as business income where the record linked it to business operations, so section 115BBE did not apply and the addition was directed to be taxed under the business head. Partner remuneration under section 40(b) had to be recalculated on the revised book profit after giving effect to the business additions, and the earlier computation was not sustained in its existing form. By contrast, the claimed expenditure against surrendered income was disallowed because no contemporaneous claim or supporting material was produced to justify the deduction. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778997