Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Addition u/s 68 - entry in the books of purchaser regarding cash payment - there is nothing on record which corroborates the fact that any such unaccounted money flowed to the assessee in cash - no further investigation /inquiry - opportunity to cross-examine the persons has never been provided and the assessee was directed to prove the negative i.e. that he did not receive any unaccounted money - no addition
Addition u/s 68 - entry in the books of purchaser regarding cash payment - there is nothing on record which corroborates the fact that any such unaccounted money flowed to the assessee in cash - no further investigation /inquiry - opportunity to cross-examine the persons has never been provided and the assessee was directed to prove the negative i.e. that he did not receive any unaccounted money - no addition
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TaxTMI 
TaxTMI 
