Denial on Claim of Past Savings will not sustainable when relevant details being furnished: ITAT [Read Order]

claim - savings - ITAT - taxscan

On hearing the appeal against the order of CIT(A), the Varanasi bench of the Income Tax Appellate Tribunal (ITAT) held that denial of the claim of past savings will not sustainable when relevant details being furnished. The assessee, Surendra Nath Singh derives income from the legal profession and agriculture. The Assessing Officer issued a notice…

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