Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Disallowances of the interest of late deposit of tax deducted at source - The Assessee has failed to pay his statutory dues in time and therefore, there is an interest liability. Therefore, such expenditure is not at all allowable to the Assessee as deduction u/s 37(1) - Even otherwise this deduction is not allowable in any of the section u/s 30 to 36 of the Act - AT
Disallowances of the interest of late deposit of tax deducted at source - The Assessee has failed to pay his statutory dues in time and therefore, there is an interest liability. Therefore, such expenditure is not at all allowable to the Assessee as deduction u/s 37(1) - Even otherwise this deduction is not allowable in any of the section u/s 30 to 36 of the Act - AT
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TaxTMI 
TaxTMI 
