Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Addition u/s 69A - unexplained jewellery - The Tribunal found that the addition made by the AO was not justified, especially in light of the appellant's consistent income and status. - While assessing unexplained jewelry, the AO must consider the assessee's income, status, and cultural norms, and that mere possession of jewelry beyond a certain limit doesn't necessarily imply undisclosed income. - AT
Addition u/s 69A - unexplained jewellery - The Tribunal found that the addition made by the AO was not justified, especially in light of the appellant's consistent income and status. - While assessing unexplained jewelry, the AO must consider the assessee's income, status, and cultural norms, and that mere possession of jewelry beyond a certain limit doesn't necessarily imply undisclosed income. - AT
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TaxTMI 
TaxTMI 
