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CBDT Issued Guidelines under clause (10D) section 10 of the Income Tax Act 1961

Interest earned from fixed deposit made from idle business fund to be treated as bussiness Income

Notice of Income Tax Assessment made in the name of a deceased individual is not legal: Delhi HC

AOs Action of taxing unexplained cash credit u/s 68 by a practicing CA who failed to justify his business activities valid

Where assessee has resold goods imported from AE without any value addition RPM is most appropriate method
