https://www.taxtmi.com/caselaws?id=795759 Reassessment under Section 148 was described as initiated under the applicable statutory provisions, with no jurisdictional defect established. The claimed political-donation deduction was treated as unavailable where search statements, bank-trail analysis, investigation material and fund-layering evidence indicated that the recipient party facilitated accommodation entries and returned cash to donors. Applying human probabilities and the preponderance-of-probabilities standard, banking-channel payments and donation receipts were insufficient to prove a genuine contribution when cumulative circumstances showed that the apparent transaction was not real. The notes state that the reassessment and disallowance were sustained. en-us Wed, 22 Jul 2026 00:00:00 +0530 Mon, 27 Jul 2026 08:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795759 Reassessment under Section 148 was described as initiated under the applicable statutory provisions, with no jurisdictional defect established. The claimed political-donation deduction was treated as unavailable where search statements, bank-trail analysis, investigation material and fund-layering evidence indicated that the recipient party facilitated accommodation entries and returned cash to donors. Applying human probabilities and the preponderance-of-probabilities standard, banking-channel payments and donation receipts were insufficient to prove a genuine contribution when cumulative circumstances showed that the apparent transaction was not real. The notes state that the reassessment and disallowance were sustained. Case-Laws Income Tax Wed, 22 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795759