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Income Tax - Highlights / Catch Notes

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Unaccounted professional charges received in cash - Addition u/s ...

Income Tax

April 17, 2023

Unaccounted professional charges received in cash - Addition u/s 28 - AO is completely erred in making addition towards difference amount of professional charges on the basis of Out Patients data collected from M/s.Apollo Hospitals and statement of Manager (Operations) without any corroborative evidence to suggest that the assessee has received so much professional charges from the Hospitals and further, the same has not been accounted in his books of accounts - AT

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