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Income Tax - Highlights / Catch Notes

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Addition u/s 69C - capitation fee for admission in medical ...

Income Tax

July 15, 2019

Addition u/s 69C - capitation fee for admission in medical college - Chairman and managing trustee of college had accepted receipt of capitation fees and name of assessee son was also appeared - there being no credible explanation offered by the Assessee for the payment made as capitation fee, the AO is justified in adding it to the Assessee’s income

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