Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Non admitting assessee’s claim through revised computation - AO was of the opinion that since the original return was filed belatedly, the assesee was not eligible to file revised return u/s 139 (5) - AO has no power to admit but ITAT has power to admit the claim of the assessee.
Non admitting assessee’s claim through revised computation - AO was of the opinion that since the original return was filed belatedly, the assesee was not eligible to file revised return u/s 139 (5) - AO has no power to admit but ITAT has power to admit the claim of the assessee.
Note: It is a system-generated summary and is for quick reference only.
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