High Court Rules on Classification of Management Fees as Business Income Due to AO's Lack of Evidence on Activities.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Management and advisory fees - Business income or income from other sources - AO has not been able to prove that the appellant did not carry out the stated activity of investment management - HC....