If source of income is provided than deeming section 115BBE provision not applicable

Advertisement Gandhi Ram Vs PCIT (ITAT Chandigarh) Held that deeming provisions of section 115BBE doesn’t apply as source of income clearly explained and established by the assessee Facts- PCIT examined the assessment records of the assessee and held the assessment order as erroneous as well as prejudicial to the interest of the Revenue and the same has been set aside to the file of the AO for passing a fresh order after giving sufficient opportunity to the assessee. Against the said order and findings, the assessee is in appeal before Tribunal. Notably, PCIT hold that income so surrender...