Set off of business losses–Set off of unabsorbed business losses against capital income arising through slump sale–Allowability
Delhi High Court ordered CCIT to cause an inquiry for involvement of the officials or employee in the manipulation of the record & for Disciplinary Action.
Explanation of amount deposition in bank account cannot be rejected by AO without examining same and bringing any material on record to show that why said explanation is not acceptable: Says Cuttack Tribunal
HC upheld additions as assessee failed to prove that sum deposited in bank was from unutilized cash withdrawal
Ministry of Corporate Affairs vide notification dated September 12, 2018 has made certain amendments to Schedule V of the Companies Act, 2013.
