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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - denial of claim as assessee has collected ...


Exemption Denied: Capitation Fees Allegedly Collected Without Reliable Evidence to Support Claims.

January 9, 2024

Case Laws     Income Tax     AT

Exemption u/s 11 - denial of claim as assessee has collected capitation fees - documents seized from employees cannot be considered as having any evidentiary value and cannot be considered to have trustworthiness, since no other corroborative material was brought on record to support the veracity of the same. - AT

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