Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Claim of excessive manufacturing loss on converting old gold into new gold - addition @ 15% applied for making the impugned addition - Looking at the nature of business are inclined to uphold that atleast that there is a manufacturing loss of 7.5% on such conversion. - AT
Claim of excessive manufacturing loss on converting old gold into new gold - addition @ 15% applied for making the impugned addition - Looking at the nature of business are inclined to uphold that atleast that there is a manufacturing loss of 7.5% on such conversion. - AT
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