Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Taxability of retention money - taxable in the year of receipt or on accrual basis - the retention money has to be brought to tax in the year in which the same has actually been received by the assessee from the contractees. - AT
Taxability of retention money - taxable in the year of receipt or on accrual basis - the retention money has to be brought to tax in the year in which the same has actually been received by the assessee from the contractees. - AT
Note: It is a system-generated summary and is for quick reference only.
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