Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Expenditure on construction of building in a leasehold premises - in the first Assessment Year Expenditure cannot be considered as repair u/s 30(a)(i) as the renovations made are Capital in nature - since expenditure are Capital in nature same will come within the mischief of Explanation 1 to Section 32(1) - deduction as revenue expenses not allowed
Expenditure on construction of building in a leasehold premises - in the first Assessment Year Expenditure cannot be considered as repair u/s 30(a)(i) as the renovations made are Capital in nature - since expenditure are Capital in nature same will come within the mischief of Explanation 1 to Section 32(1) - deduction as revenue expenses not allowed
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