Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Deferred (contingent) consideration not accrued during relevant previous year as right to receive it was contingent upon achievement of revenue targets. Charging and computation provisions for capital gains to be read together. Accrual stage reached only when legally enforceable right to receive arises. Cost of acquisition of shares remanded for verification. Admission of additional ground regarding application of Most Favoured Nation clause for lower dividend tax rate as per India-Slovenia DTAA, remanded to AO for adjudication.
Deferred (contingent) consideration not accrued during relevant previous year as right to receive it was contingent upon achievement of revenue targets. Charging and computation provisions for capital gains to be read together. Accrual stage reached only when legally enforceable right to receive arises. Cost of acquisition of shares remanded for verification. Admission of additional ground regarding application of Most Favoured Nation clause for lower dividend tax rate as per India-Slovenia DTAA, remanded to AO for adjudication.
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