Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Nature of receipt - whether transfer of right or transfer of asset - Capital gain on transfer of bridge named ‘Yanam Project' to subsidiary company - ownership - the finding of the Commissioner of Income-tax that there is no capital asset to be transferred cannot be accepted - AT
Nature of receipt - whether transfer of right or transfer of asset - Capital gain on transfer of bridge named ‘Yanam Project' to subsidiary company - ownership - the finding of the Commissioner of Income-tax that there is no capital asset to be transferred cannot be accepted - AT
Note: It is a system-generated summary and is for quick reference only.