SC: Repeated Anticipatory Bail Pleas Abuse Process and Reduce Litigation to a Gamble  ||  Supreme Court: State Officers Cannot Back Litigants Through Affidavits Against the Law  ||  Supreme Court: Accused Deserves Parity With Discharged Co-Accused if Evidence is Not Stronger  ||  SC Allows Euthanasia of Rabid Stray Dogs if Necessary and Protects Officials Acting in Good Faith  ||  Kerala High Court: University Syndicate Cannot Sue Chancellor as Both Form Same Legal Body  ||  Kerala High Court: Unsigned FIS is Admissible if Informant Confirms its Contents in Court  ||  J&K&L High Court: Purchaser’s Structure on Migrant Land Alone Cannot Block Sale Deed Registration  ||  Supreme Court: Bail Remains the Rule and Jail the Exception, Even under the UAPA Law  ||  Supreme Court: Principle of Res Judicata Also Applies Between Stages of the Same Case  ||  Supreme Court: Govt Servant Has No Right to Old Rule Promotion Just Due to Earlier Vacancies    

Gujarat High Court: Probability or Improbability of Realisation to be Considered in Realistic Manner - (15 Jan 2020)

DIRECT TAXATION

Gujarat High Court has held that the probability or improbability of realization has to be considered in a realistic manner and there is no real accrual of income to the Assessee in respect of the disputed enhanced charges for supply of electricity.

Tags : GUJARAT HIGH COURT   PROBABILITY OR IMPROBABILITY OF REALISATION   INCOME  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved