The Income Tax Appellate Tribunal (ITAT), Cochin bench, while allowing a departmental appeal against Magician Gopinath Muthukad, has held that the deduction under section 80 RR was allowable on the net income received and deposited into Bank account by the assessee in convertible foreign exchange. The assessee had been carrying on his profession and earning […]
The post ITAT confirms Additions against Magician Gopinath Muthukad [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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