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Burden to prove that bank accounts revealed in search belonged to HUF of assessee’s father wasn’t on revenue
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Corporate Tax
Burden to prove that bank accounts revealed in search belonged to HUF of assessee’s father wasn’t on revenue
Posted on
on
July 22, 2015
Tenet Tax Daily July 11 2015
By
tenettax-team
Corporate Tax
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Sum paid to check design/quality of Fire protection system wasn’t ‘FTS’ as it didn’t satisfy make available clause
JV wasn’t taxable as AOP as it was only formed to secure contract and entire work was split up between JV partners
