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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Treating the appellant as ‘Pacca Arthatia’ instead of ‘Kachha ...


Income Classification Dispute: Appellant's Role as 'Pacca Arhatia' vs. 'Kachha Arahtia' Affects Business Income Determination.

February 14, 2019

Case Laws     Income Tax     AT

Treating the appellant as ‘Pacca Arthatia’ instead of ‘Kachha Arahtia’ as shown and claimed by the appellant - Income from the business as trader or commission agent - The privity of contract and underlying transaction documentation are critical for the purposes of present analysis.

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