Composite residential flat exemption upheld where supplementary agreement merged adjoining units and additional evidence supported the taxpayer's inve...
Urgent interim relief exception permits commercial suit without pre-institution mediation where immediate disclosure and asset protection are genuinel...
Portal order discrepancies invalidated rectification rejection, requiring fresh reasoned consideration after hearing and prompt communication of the o...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
