Jay Builder v. ACIT

33 Taxmann.com 62High Court2013#3352 most cited

What is Jay Builder v. ACIT authority for?

When an assessee receives 'on-money' and incurs unrecorded cash expenses, only the profit embedded in the 'on-money' is taxable, provided the 'on-money' was not used for undisclosed investments.

36

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2019 to 2026.

Also referred to as

Jay Builder v. ACIT · on-money · cash expenses · unrecorded expenses · section 115BBE · search and seizure · undisclosed investment

Issues it is cited on

Judgments citing Jay Builder v. ACIT

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