Can a tax authority levy tax on an amount declared as an income by the assessee, even if that amount isn’t legally taxable? An issue before Hon’ble Pune ITAT was whether a tax authority levy tax on an amount declared as an income by the assessee, even if that amount isn’t legally taxable? The…
The post Can a tax authority levy tax on an amount declared as an income by the assessee, even if that amount isn’t legally taxable? appeared first on The Tax Talk.
