Meaning of tax terms

Meaning of “Income which does not form part of total income”

Posted on by Prashant Thakur

Case Name : CIT  Vs. Kribhco

Citation :[2012] 23 TAXMANN.COM 312/209 TAXMAN 252/349 ITR 618/252 CTR 374 (DELHI)

Court : Delhi High Court

Section : 14A

Meaning : The expression ‘income which does not form part of the total income’ refers to the nature, character or type of income and not the quantum.

Prashant Thakur

The author has spent more than 30 years in the field of taxation. Wrote four books -3 on on Indian Tax Law and 1 on US tax law for cryptocurrency. Apart from https:taxworry.com , he also writes on https://irstaxapp.com which is for US tax laws. He is a tech enthusiast and manages a cloud computing company that publishes innovative software.

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