Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Levy of penalty on the Director of Company - The adjudication order also is fallacious because the entire order proceeds on the basis that show cause notice has been given to the company, personal hearing has been given to the company, penalty has been imposed on the company but penalty is attempted to be recovered from the Director without any basis being laid in the adjudication order. - Impugned order and penalty set aside - HC
Levy of penalty on the Director of Company - The adjudication order also is fallacious because the entire order proceeds on the basis that show cause notice has been given to the company, personal hearing has been given to the company, penalty has been imposed on the company but penalty is attempted to be recovered from the Director without any basis being laid in the adjudication order. - Impugned order and penalty set aside - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
Join Channel 
