Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Levy of interest u/s 28AA - short paid duty amount was paid without demur or protest and in time, on issuance of SCN - Tribunal set aside the demand for interest, concluding that the underpayment of duty was promptly rectified by the appellant, and there was no delay in payment. Therefore, subjecting the appellant to interest under Section 28AA was deemed unwarranted and unduly harsh.
Levy of interest u/s 28AA - short paid duty amount was paid without demur or protest and in time, on issuance of SCN - Tribunal set aside the demand for interest, concluding that the underpayment of duty was promptly rectified by the appellant, and there was no delay in payment. Therefore, subjecting the appellant to interest under Section 28AA was deemed unwarranted and unduly harsh.
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