Surrendered Income will be treated as Income from Medical Profession unless there is clear Evidence to the contrary: ITAT [Read Order]

Surrendered Income - Income from Medical Profession - Evidence to the contrary - Evidence - ITAT - taxscan

The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) has ruled that surrendered income will be treated as income from the medical profession unless there is clear evidence to the contrary and upheld the order of the assessing officer (AO) who had accepted the explanation of the assessee, a doctor, that the surrendered income…

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