Denial of exemption u/s.10(1) in respect of income returned as ...
Income Tax
August 18, 2021
Denial of exemption u/s.10(1) in respect of income returned as agricultural income on account of it being unproved - Safed Musli produced - agricultural expenditure Presumably incurred on the standing crops - Denial of deduction u/s. 80-JJA on the profits and gains of the business of sale of biofertilizer and biological agent - Decided partly in favor of assessee - AT
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