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Income Tax - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

Income from salary - addition being the amount of salary ...

Case Laws     Income Tax

December 31, 2020

Income from salary - addition being the amount of salary refunded to the employer company - The ld. CIT(A) has deleted the addition holding that refund of salary by the assessee was not voluntary but was to comply with the legal requirements of law, therefore, the same cannot be considered as income assessable to tax - Order of CIT(A) sustained - AT

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