Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
In a search assessment, additions for unaccounted advances and cash receipts were upheld on the basis of composite appellate orders and concurrent findings of fact drawn from seized material. The High Court held that the Commissioner (Appeals) and the Tribunal had considered the entire record across the relevant years, and the Tribunal's lack of separate elaborate reasoning for one year did not, by itself, justify remand. Because the dispute turned on appreciation of evidence and factual conclusions, no substantial question of law arose under Section 260A, and the appeal was dismissed.
In a search assessment, additions for unaccounted advances and cash receipts were upheld on the basis of composite appellate orders and concurrent findings of fact drawn from seized material. The High Court held that the Commissioner (Appeals) and the Tribunal had considered the entire record across the relevant years, and the Tribunal's lack of separate elaborate reasoning for one year did not, by itself, justify remand. Because the dispute turned on appreciation of evidence and factual conclusions, no substantial question of law arose under Section 260A, and the appeal was dismissed.
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