Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
The same income cannot be charged to tax twice. Once the revenue accept the income offered by another assessee as income under the head ‘income from capital gains’, the same has to be allowed as deduction in the hands of assessee. - AT
The same income cannot be charged to tax twice. Once the revenue accept the income offered by another assessee as income under the head ‘income from capital gains’, the same has to be allowed as deduction in the hands of assessee. - AT
Note: It is a system-generated summary and is for quick reference only.
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