The dispute involved taxing unexplained increases in partners capital in the firms assessment. The Tribunal affirmed that such additions, if any, can only be examined in the hands of partners and not ...
Cash deposits during demonetisation were treated as unexplained as no genuine business need for holding large idle cash was shown. The tribunal upheld the Section 68 addition, stressing proof of ...
Former Finance Minister P Chidambaram has strongly criticized the Union Budget 26. He stated the budget lacks a clear ...
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