Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Tax an 50% of the money forfeited by assessee from the defaulted members - Had AO excluded the amount offered during the year on the same principles in which he brought the balance 50% of the amount to tax, there could have been some justification in the action of AO - AT
Tax an 50% of the money forfeited by assessee from the defaulted members - Had AO excluded the amount offered during the year on the same principles in which he brought the balance 50% of the amount to tax, there could have been some justification in the action of AO - AT
Note: It is a system-generated summary and is for quick reference only.