https://www.taxtmi.com/caselaws?id=780951 HC upheld the Tribunal and AO, holding that a Rs. 66,00,000 receipt was salary, not professional/technical fees, because the taxpayer failed to produce evidence of services rendered. TDS characterization as professional charges was not determinative. HC also affirmed denial of deduction for interest of Rs. 45,26,956, finding no nexus between the loan/mortgage transactions and any business or profession of the taxpayer. The HC refused to disturb the appellate findings in the absence of contrary material and decided against the taxpayer and in favor of the Revenue. en-us Fri, 31 Oct 2025 00:00:00 +0530 Sat, 08 Nov 2025 08:30:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780951 HC upheld the Tribunal and AO, holding that a Rs. 66,00,000 receipt was salary, not professional/technical fees, because the taxpayer failed to produce evidence of services rendered. TDS characterization as professional charges was not determinative. HC also affirmed denial of deduction for interest of Rs. 45,26,956, finding no nexus between the loan/mortgage transactions and any business or profession of the taxpayer. The HC refused to disturb the appellate findings in the absence of contrary material and decided against the taxpayer and in favor of the Revenue. Case-Laws Income Tax Fri, 31 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780951