Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Valuation - Tax on Luxuries - inclusion of an amount towards ayurveda income after giving all deductions as per law in calculation of assessable value - The High Court noted that the Tribunal's decision was based on the submissions and figures provided by the petitioner. As the petitioner failed to substantiate any figures with accounts, the Court upheld the Tribunal's decision to tax the ayurveda income.
Valuation - Tax on Luxuries - inclusion of an amount towards ayurveda income after giving all deductions as per law in calculation of assessable value - The High Court noted that the Tribunal's decision was based on the submissions and figures provided by the petitioner. As the petitioner failed to substantiate any figures with accounts, the Court upheld the Tribunal's decision to tax the ayurveda income.
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