SC: Hindu Daughter-In-Law Widowed After Her Father-In-Law’s Death is Entitled to Maintenance  ||  SC: Vendor Remains a Necessary Party in Specific Performance Suits Even After Transferring Property  ||  Raj HC: Having Different Age Criteria For Contractual and Regular Appointments is Unconstitutional  ||  Delhi HC: Registered Property Title Prevails over Claims Based on Oral Family Settlements  ||  Gauhati HC: Only A Family Court Can Grant A Divorce under Muslim Law, Not A Civil Judge  ||  Del HC: Courts Cannot Compel Lawyers to Disclose Sources of Documents Filed on Clients' Instructions  ||  SC Explains When Shares Received After Company Amalgamation are Taxable as Business Income  ||  SC: Excavators, Dumpers Etc Used Within Factories aren’t Motor Vehicles For Road Tax Purposes  ||  SC: Complaints Alleging Fraud under Companies Act Can Be Filed Only By SFIO, Not By Private Parties  ||  SC: Preventive Detention Cannot Override Bail and Requires Proof of a Threat to Public Order    

Gau HC: Genuineness of Credit Recd by Assessee from Share Appli. Money is a Question of Fact Not Law - (20 Dec 2024)

DIRECT TAXATION

Gauhati High Court while refusing to entertain an appeal regarding the genuineness of credit received by an assessee from share application money, has held that it is a question of fact which is not within the Court’s jurisdiction under Section 260A of the Income Tax Act, 1961.

Tags : GAUHATI HIGH COURT   SHARE APPLICATION MONEY   COURT’S JURISDICTION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved