Income surrendered related to hospital building construction was not unexplained – ITAT
February 17, 2024
Income Tax, ITAT
Income surrendered in relation to hospital building construction by doctor was not unexplained investment u/s 69 liable to higher tax u/s 115BBE – ITAT In a recent judgment ITAT has held that the surrender of income by a practicing doctor towards understatement of hospital construction expenses can not …