PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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ITAT held that a deduction claimed for political donations under section 80GGC was not allowable where the donation, though made by cheque, was routed through bank accounts in a manner indicating accommodation entry transactions. Following its earlier co-ordinate Bench ruling on identical facts, the Tribunal accepted the Revenue's contention that the assessee's claim could not be sustained and restored the disallowance deleted by the lower authority. The Revenue's appeal was allowed on that basis.
ITAT held that a deduction claimed for political donations under section 80GGC was not allowable where the donation, though made by cheque, was routed through bank accounts in a manner indicating accommodation entry transactions. Following its earlier co-ordinate Bench ruling on identical facts, the Tribunal accepted the Revenue's contention that the assessee's claim could not be sustained and restored the disallowance deleted by the lower authority. The Revenue's appeal was allowed on that basis.
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