Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Forward contract cancellation loss - whether be treated as business loss or speculation loss - the assessee was not a dealer in foreign exchange. - the export contracts entered into by the assessee for export in some cases failed. - allowed as business loss - AT
Forward contract cancellation loss - whether be treated as business loss or speculation loss - the assessee was not a dealer in foreign exchange. - the export contracts entered into by the assessee for export in some cases failed. - allowed as business loss - AT
Note: It is a system-generated summary and is for quick reference only.