Addition of Undisclosed Income - Source of payment of Capitation ...
Income Tax Department Criticized for Targeting Parents Instead of Engineering Colleges Over Capitation Fees and Section 11 Exemptions.
March 26, 2019
Case Laws Income Tax HC
Addition of Undisclosed Income - Source of payment of Capitation Fee - Income Tax Department should have proceeded against such Engineering Colleges cancelling their Section 11 exemption entitlements, which most of them illegally enjoy, rather than punishing parents and students by imposing tax on such alleged Undisclosed Income
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