Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
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
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