Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
HC set aside the penalty proceedings against the petitioner under ss. 112(a) and 114AA, holding the adjudicating authority's orders to be non-reasoned and in breach of principles of natural justice for failing to consider the petitioner's submissions. The court found mere conclusory statements of complicity insufficient for imposition of penalties. Without expressing a view on merits, the matter is remanded to respondent No. 2 for de novo adjudication, requiring issuance of a fresh order after affording the petitioner an opportunity of hearing and objectively considering all relevant factors and submissions. The respondent shall complete the exercise within 12 weeks from receipt of this order. Petition disposed of by remand.
HC set aside the penalty proceedings against the petitioner under ss. 112(a) and 114AA, holding the adjudicating authority's orders to be non-reasoned and in breach of principles of natural justice for failing to consider the petitioner's submissions. The court found mere conclusory statements of complicity insufficient for imposition of penalties. Without expressing a view on merits, the matter is remanded to respondent No. 2 for de novo adjudication, requiring issuance of a fresh order after affording the petitioner an opportunity of hearing and objectively considering all relevant factors and submissions. The respondent shall complete the exercise within 12 weeks from receipt of this order. Petition disposed of by remand.
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