Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Penalty u/s 271(1)(c) - disclosure of true and correct facts - Held that:- the argument of the revenue that in the light of the judgment of this Court in the case of Chaturbhuj Kapadia (2003 -TMI - 12097 - BOMBAY High Court ) the assessee ought to have revised the return of income for AY 2002-03 cannot be accepted. .... - HC
Penalty u/s 271(1)(c) - disclosure of true and correct facts - Held that:- the argument of the revenue that in the light of the judgment of this Court in the case of Chaturbhuj Kapadia (2003 -TMI - 12097 - BOMBAY High Court ) the assessee ought to have revised the return of income for AY 2002-03 cannot be accepted. .... - HC
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