Taxing authorities are entitled to look into the surrounding circumstances to find out the reality and the matter has to be considered by applying the test of human probabilities.

Taxing authorities are entitled to look into the surrounding circumstances to find out the reality and the matter has to be considered by applying the test of human probabilities.     Supreme Court in Sumati Dayal Vs. CIT [ C.A. No.-001344-001345/1977, Dated 28/03/1995] ...
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