Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Assessee furnished sufficient documents proving financial creditworthiness, undisputed by Revenue. Revenue failed to provide any material disproving genuineness of transaction between assessee and supplier continuing from preceding year. Merely relying on information from Investigation Wing insufficient. No infirmity found in CIT(A)'s order deleting addition made by AO. Revenue's appeal dismissed.
Assessee furnished sufficient documents proving financial creditworthiness, undisputed by Revenue. Revenue failed to provide any material disproving genuineness of transaction between assessee and supplier continuing from preceding year. Merely relying on information from Investigation Wing insufficient. No infirmity found in CIT(A)'s order deleting addition made by AO. Revenue's appeal dismissed.
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