Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Recovery of rebate claim - Adjusted rebate claims towards their existing liabilities - The High Court confirmed that the petitioner was eligible for rebate on their exports as per the impugned orders. Although previous orders had upheld adjustments, the High Court noted that these orders had been set aside. Consequently, there was no current demand enforceable against the petitioner, rendering the adjustment unjustified. The High Court ruled that the adjusted amounts must be refunded to the petitioner along with interest.
Recovery of rebate claim - Adjusted rebate claims towards their existing liabilities - The High Court confirmed that the petitioner was eligible for rebate on their exports as per the impugned orders. Although previous orders had upheld adjustments, the High Court noted that these orders had been set aside. Consequently, there was no current demand enforceable against the petitioner, rendering the adjustment unjustified. The High Court ruled that the adjusted amounts must be refunded to the petitioner along with interest.
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