https://www.taxtmi.com/caselaws?id=472364 Reassessment was sustained where a search-related inquiry identified an assessee's political donation and the assessee acknowledged it during assessment inquiry. A deduction for political contribution cannot be determined on merits without verifying bank records for possible prior cash receipt or subsequent return of donated funds. The deduction issue requires fresh adjudication after verification of donation evidence and an opportunity of hearing, consistent with principles of natural justice. en-us Fri, 19 Jun 2026 00:00:00 +0530 Thu, 08 Oct 2026 20:44:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472364 Reassessment was sustained where a search-related inquiry identified an assessee's political donation and the assessee acknowledged it during assessment inquiry. A deduction for political contribution cannot be determined on merits without verifying bank records for possible prior cash receipt or subsequent return of donated funds. The deduction issue requires fresh adjudication after verification of donation evidence and an opportunity of hearing, consistent with principles of natural justice. Case-Laws Income Tax Fri, 19 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472364