Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Bank liability to deduct TDS in respect of the LTC/LFC bills - assessee in default u/s 201(1)(1A) for non-deduction of tax under Section 192 - The ITAT, aligning with the Supreme Court's decision, held the assessee accountable for TDS deduction on LTC/LFC payments. - While confirming the liability of the assessee, the ITAT also upheld the relief granted by the CIT(A) in favor of assessee.
Bank liability to deduct TDS in respect of the LTC/LFC bills - assessee in default u/s 201(1)(1A) for non-deduction of tax under Section 192 - The ITAT, aligning with the Supreme Court's decision, held the assessee accountable for TDS deduction on LTC/LFC payments. - While confirming the liability of the assessee, the ITAT also upheld the relief granted by the CIT(A) in favor of assessee.
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