Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Applicability of section 92BA(i) on the SDT [Specified domestic transactions] - Since in this case the assessee has undertaken international transactions for a sum which is less than Rs. 1 crore, therefore the TP adjustment should not be made. - However, AO can examine the issue in terms of the provision of sec. 40A(2)(b) - AT
Applicability of section 92BA(i) on the SDT [Specified domestic transactions] - Since in this case the assessee has undertaken international transactions for a sum which is less than Rs. 1 crore, therefore the TP adjustment should not be made. - However, AO can examine the issue in terms of the provision of sec. 40A(2)(b) - AT
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