Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
Appellant's challenge to denial of refund of amounts deposited during investigation/adjudication proceedings paid under protest succeeds; CESTAT finds that rejection on the ground of unjust enrichment does not preclude refund with interest. Relying on Tribunal precedent, CESTAT directs entitlement to simple interest at 12% per annum from date of deposit until date of receipt of refund. The First Appellate Authority's order is modified accordingly. Lower authorities are directed to compute and disburse the eligible interest and refund within three months from communication of the order. Appeal allowed.
Appellant's challenge to denial of refund of amounts deposited during investigation/adjudication proceedings paid under protest succeeds; CESTAT finds that rejection on the ground of unjust enrichment does not preclude refund with interest. Relying on Tribunal precedent, CESTAT directs entitlement to simple interest at 12% per annum from date of deposit until date of receipt of refund. The First Appellate Authority's order is modified accordingly. Lower authorities are directed to compute and disburse the eligible interest and refund within three months from communication of the order. Appeal allowed.
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