Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Entitlement to waive off the pre-deposit of 20% of the assessed tax liability being high pitched assessment - The High Courd held that, considering that the ACIT and PCIT have exercised their discretionary power by granting installment facilities 9 and 20 installments respectively, we not find that any irregularity or illegality has been committed by the revenue authorities. Accordingly, the writ petition deserves to be and is hereby dismissed.
Entitlement to waive off the pre-deposit of 20% of the assessed tax liability being high pitched assessment - The High Courd held that, considering that the ACIT and PCIT have exercised their discretionary power by granting installment facilities 9 and 20 installments respectively, we not find that any irregularity or illegality has been committed by the revenue authorities. Accordingly, the writ petition deserves to be and is hereby dismissed.
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