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2014 (2) TMI 184 - KERALA HIGH COURTNature of Income - the assessee was instrumental in the election victory of certain candidates and that as a mark of admiration, some amount was given to the assessee - whether business income – Held that:- The amounts were paid when certain candidates were elected in the election as stated by the assessee – This has to be treated as an income from business - As without rendering service, there was no question of assessee getting such amounts from the persons alleged to have given such amounts to the assessee - The Tribunal on a re-appreciation of the evidence as well as the legal issues involved in the matter concurred with the view expressed by the appellate authority as well as the assessing officer – there was no substantial question of law arises for consideration in the appeal – Decided against Assessee.
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