Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Failure to collect TCS u/s 206C(1) - trading of scrap - sale of scrap to manufacturer - Period of limitation - assessee being trader, not covered in definition of "scrap", since scrap is not generated from manufacturing or mechanical working of material, therefore the assessee is not covered in definition of ‘scrap’. Hence, in our considered opinion, the assessee cannot be treated as an assessee in default - AT
Failure to collect TCS u/s 206C(1) - trading of scrap - sale of scrap to manufacturer - Period of limitation - assessee being trader, not covered in definition of "scrap", since scrap is not generated from manufacturing or mechanical working of material, therefore the assessee is not covered in definition of ‘scrap’. Hence, in our considered opinion, the assessee cannot be treated as an assessee in default - AT
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