Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The ITAT denied deduction u/s 80GGC for contributing to an unrecognized political party lacking recognition by the Election Commissioner of India and infrastructure. The assessee failed to address doubts on the contribution's genuineness or provide necessary details. Lack of verification and certification of submitted documents led to dismissal of appeal. The claim was rejected due to the political party's unrecognized status.
The ITAT denied deduction u/s 80GGC for contributing to an unrecognized political party lacking recognition by the Election Commissioner of India and infrastructure. The assessee failed to address doubts on the contribution's genuineness or provide necessary details. Lack of verification and certification of submitted documents led to dismissal of appeal. The claim was rejected due to the political party's unrecognized status.
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