He wrongly showed Rs 9.6 lakh EPF in ITR, taxman added it; ITAT gives full relief
Direct Source Verification:
This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
The tribunal found that the addition could not stand in the absence of evidence that the taxpayer had actually received the amount from the Employees’ Provident Fund Organisation (EPFO), withdrawn it from his EPF account or received any corresponding credit in his bank account.
For complete coverage, context, and related multimedia, visit the original reporting by The Times of India via the source link below.
Original Source
https://timesofindia.indiatimes.com/business/india-business/rs-9-6-lakh-epf-interest-mistakenly-shown-by-him-in-itr-but-taxman-added-it-to-income-itat-mumbai-orders-full-relief/articleshow/134337856.cms
