Meaning of “Business as such member”

The meaning of business as such member under section 43(5) of the Income Tax Act is not defined in the act itself. But we can take guidance from decisions by various high courts. Here are excerpts of courts orders in which the Hon’ble High Court tried to explain the meaning of business as such member.

Activate Annual Subscription

To view this post please and activate subscription.

Buy This Post

To view this post please and activate subscription.

Leave a Reply