Case Law Details
Case Name : ACIT Vs Mangal & Mangal (ITAT Chennai)
Appeal Number : ITA No. 772/Chny/2022
Date of Judgement/Order : 06/09/2023
Related Assessment Year : 2017-2018
Courts :
All ITAT ITAT Chennai
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ACIT Vs Mangal & Mangal (ITAT Chennai)
ITAT Chennai held that once the nature and source of credit found in the books of accounts is linked to business, then any income generated out of such business activity is assessable under the head income from business
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