Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Nature of Liability – Contingent or not – Loss of fluctuation of foreign exchange - the restatement had come at the end of the accounting year and that the present liability itself was on account of the exchange fluctuation - claim allowed - HC
Nature of Liability – Contingent or not – Loss of fluctuation of foreign exchange - the restatement had come at the end of the accounting year and that the present liability itself was on account of the exchange fluctuation - claim allowed - HC
Note: It is a system-generated summary and is for quick reference only.