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Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
The Tribunal upheld denial of deduction under section 80GGC because the donation claimed as political contribution was found to be bogus. It relied on the coordinate bench view in a similar matter involving donations to Samajwadi Party (Secular), and held that the appellate authority had correctly followed that precedent and recorded a factual finding of bogus donation. Finding no legal or factual infirmity in that conclusion, the Tribunal affirmed disallowance of the claim and dismissed the assessee's challenge.
The Tribunal upheld denial of deduction under section 80GGC because the donation claimed as political contribution was found to be bogus. It relied on the coordinate bench view in a similar matter involving donations to Samajwadi Party (Secular), and held that the appellate authority had correctly followed that precedent and recorded a factual finding of bogus donation. Finding no legal or factual infirmity in that conclusion, the Tribunal affirmed disallowance of the claim and dismissed the assessee's challenge.
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