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
Also reported as
215 Taxmann 50
Sections most often in play
Issues it is cited on
Judgments citing Jay Builder v. ACIT
Showing 1–20 of 36 · Page 1 of 2