When an amount is credited in business books, it is not an unreasonable inference to draw that it is a receipt from business: Supreme Court
There is an old landmark judgmenet by the SC in the case of Lakshmichand Baijnath ...
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Posts tagged "credit in business books"
If credit is there in the business account, it is “Income from Business: SC
If credit is there in the business account, it is “Income from Business: SC
There is an old landmark judgmenet by the SC in the case of Lakshmichand Baijnath vs CIT wherein the Hon’ble court have concluded that if the credit ...
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