Supreme Court: Army Must Prove Disability Was Unrelated to Service to Deny Pension  ||  SC: Grant of Fishing Rights by Deed is a Transfer of Immovable Property, Qualifies as Lease  ||  Gujarat HC: Waqf Board Inquiry into Religious Character Not Barred by Places of Worship Act  ||  Gauhati HC Rejects Failed Candidates’ Challenge to Law Officers’ Appointment Procedures  ||  Kerala HC Grants Pre-Arrest Bail to Woman Accused of Throwing Newborn, Cites Lack of Intent  ||  P&H HC Quashes Case, Holds 'Heart Lung Pack' was not a Notified Drug in 2010  ||  Kerala HC: Illegal Arrest Entitles Accused to Release, Not Bail  ||  Allahabad HC Explains: Does Conversion Automatically Strip a Person of Scheduled Tribe Status?  ||  Delhi HC Rejects Vimal Elaichi Plea against FDA Notice to Shah Rukh Khan, Ajay Devgn, Tiger Shroff  ||  Calcutta HC Upholds Jail Term for Owner Over Unauthorised Construction under Roof-Repair Permit    

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