I-T - Tax authorities are not entitled to tax entire transaction, but only income component of disputed transaction, to prevent possibility of revenue leakage: HC

Byline: TIOL News Service 2024-TIOL-1909-HC-AHM-IT IN THE HIGH COURT OF GUJARAT AT AHMEDABAD R/Tax Appeal No. 832 Of 2024 THE PRINCIPAL COMMISSIONER OF INCOME TAX-1 SURAT Vs KESHRI EXPORTS Bhargav [...]