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 on account of share capital - assessee has filed sufficient documents e.g. PAN, bank statements, etc. to establish the identities and creditworthiness - AO has not been able to rebut or find any discrepancy about the documents submitted - If the notices issued by the A.O. to the share subscribers were not complied with or came back unserved then this could not be held against the assessee - addition not sustainable
Addition u/s 68 on account of share capital - assessee has filed sufficient documents e.g. PAN, bank statements, etc. to establish the identities and creditworthiness - AO has not been able to rebut or find any discrepancy about the documents submitted - If the notices issued by the A.O. to the share subscribers were not complied with or came back unserved then this could not be held against the assessee - addition not sustainable
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
