Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Input Tax Credit - manufacturing loss, but also goods which were traded by the petitioner sold as such - there is no scope for reversal of input tax credit on inputs which get consumed during the course of manufacture as “invisible loss”.
Input Tax Credit - manufacturing loss, but also goods which were traded by the petitioner sold as such - there is no scope for reversal of input tax credit on inputs which get consumed during the course of manufacture as “invisible loss”.
Note: It is a system-generated summary and is for quick reference only.