Income returned under other sources can not be recharacterised as income u/s 69A
February 8, 2024
Income Tax, ITAT
Income returned under other sources can not be recharacterised as income u/s 69A and subjected to higher tax u/s 15BBE – ITAT In a recent judgment, ITAT has held that Income returned by the assessee under the head income other sources can not be recharacterised as income u/s …