Treatment of surrendered income - apart from cash all other ...

Non-cash income can be taxed as business income; cash is taxed as deemed income u/s 69A.

November 16, 2015

Case Laws Income Tax AT

Treatment of surrendered income - apart from cash all other income surrendered may be brought to tax under the head "business income" while the cash has to be taxed under the head deemed income under section 69A - AT

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Treatment of surrendered income - apart from cash all other ...

Non-cash income can be taxed as business income; cash is taxed as deemed income u/s 69A.

November 16, 2015

Case Laws Income Tax AT

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