Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Penalty u/s 271(1)(c) - denial of deduction under section 80IB(10) - Just because the claim for this A.Y. 2009–10 was rejected, the penalty cannot be imposed considering the fact that the assessee has submitted all the relevant information during the assessment proceedings and also all the relevant information relating to this claim was available on record. - AT
Penalty u/s 271(1)(c) - denial of deduction under section 80IB(10) - Just because the claim for this A.Y. 2009–10 was rejected, the penalty cannot be imposed considering the fact that the assessee has submitted all the relevant information during the assessment proceedings and also all the relevant information relating to this claim was available on record. - AT
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