Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Penalty u/s 271(1)(c) - addition on account of addition under the head “Land Compensation and Rehabilitation Expenses” - mere making of the claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars of income and where no information given in the Return is found to be incorrect or inaccurate, the Assessee cannot be held guilty of furnishing inaccurate particulars. - AT
Penalty u/s 271(1)(c) - addition on account of addition under the head “Land Compensation and Rehabilitation Expenses” - mere making of the claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars of income and where no information given in the Return is found to be incorrect or inaccurate, the Assessee cannot be held guilty of furnishing inaccurate particulars. - AT
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