Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Once expenditure was of revenue nature and was incurred for expanding existing line of business it could have been allowed under Section 37 of the Act. - No doubt, assessee's claim was only for one-third of total outgo. - However, for this reason alone, a disallowance could not have been made - AT
Once expenditure was of revenue nature and was incurred for expanding existing line of business it could have been allowed under Section 37 of the Act. - No doubt, assessee's claim was only for one-third of total outgo. - However, for this reason alone, a disallowance could not have been made - AT
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