Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Refund claim denied u/s 239(2)(c) as assessee filed return after one year from last date of relevant assessment year. Assessee contended case covered u/s 240 as refund consequent to appellate order. Held, Section 239 applies to refund by self-assessment, Section 240 covers refund pursuant to appellate order. ACIT passed order u/ss 251/154/147/143(3) determining refund. Assessee's case covered u/s 240, not Section 239. Orders of AO and CIT(A) set aside, assessee entitled to refund of Rs. 27,04,767/-. Appeal allowed.
Refund claim denied u/s 239(2)(c) as assessee filed return after one year from last date of relevant assessment year. Assessee contended case covered u/s 240 as refund consequent to appellate order. Held, Section 239 applies to refund by self-assessment, Section 240 covers refund pursuant to appellate order. ACIT passed order u/ss 251/154/147/143(3) determining refund. Assessee's case covered u/s 240, not Section 239. Orders of AO and CIT(A) set aside, assessee entitled to refund of Rs. 27,04,767/-. Appeal allowed.
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