ITAT relief to doctor, quashes addition of Rs 95 lakh allegedly paid as capitation fees for admitting his ward to MD Dermatology course
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In a respite to a doctor embroiled in protracted tax litigation, the Income-Tax Appellate Tribunal (ITAT) has quashed the addition of Rs 95 lakh allegedly paid as capitation fees by him for admitting his daughter to a post-graduate medical course, specializing in dermatology.
The I-T appellate tribunal quashed this addition, holding that the allegation was based only on the basis of scribbled notes found in the college during a search and seizure operation.
For more details, check out the link given below:
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