Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Grant of interest u/s 244A(1)(a) on the refund admissible to appellant - ITAT refused to grant interest on the ground that the refund arising on regular assessment after allowing TDS and advance tax is less than 10% of the tax as determined on regular assessment - The High Court examines the arguments presented by both parties and concludes that the appellant is entitled to interest under Section 244A of the Act on the refunded amount.
Grant of interest u/s 244A(1)(a) on the refund admissible to appellant - ITAT refused to grant interest on the ground that the refund arising on regular assessment after allowing TDS and advance tax is less than 10% of the tax as determined on regular assessment - The High Court examines the arguments presented by both parties and concludes that the appellant is entitled to interest under Section 244A of the Act on the refunded amount.
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