Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Dropping of re-assessment proceedings u/s 147 - the proceedings for reassessment u/s 147 of the Act is for the benefit of the Revenue, hence, dropping of re-assessment proceedings by the AO even in the absence of the assessee challenges the notice u/s 147/148, is justified
Dropping of re-assessment proceedings u/s 147 - the proceedings for reassessment u/s 147 of the Act is for the benefit of the Revenue, hence, dropping of re-assessment proceedings by the AO even in the absence of the assessee challenges the notice u/s 147/148, is justified
Note: It is a system-generated summary and is for quick reference only.