Tuesday, May 26, 2020

Professional Fee received in Cash Deposited to bank Account cannot be suspected: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that no addition under the Income Tax Act, 1961 can be made towards the deposit of cash received as a professional fee received by the assessee, a medical practitioner. The assessee is a medical practitioner and a partner in Priyadarshi Hospital. The […]

from Taxscan | Simplifying Tax Laws https://ift.tt/36wj3tR

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