Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Ad-hock disallowance of depreciation - non maintenance of log book - it was required to demonstrate that the vehicle has been used wholly and exclusively for the business purposes and in the absence of such evidence, it cannot be inferred that the vehicle was not used for personal use - disallowance upheld
Ad-hock disallowance of depreciation - non maintenance of log book - it was required to demonstrate that the vehicle has been used wholly and exclusively for the business purposes and in the absence of such evidence, it cannot be inferred that the vehicle was not used for personal use - disallowance upheld
Note: It is a system-generated summary and is for quick reference only.