Accommodation Entry Income Cut to 1.5% in Bank Routing Case

Gopal Mathurdas Parikh (IND) Vs ITO (ITAT Ahmedabad)

Accommodation Entry Income Re-Estimated at 1.5%: ITAT Ahmedabad Reduces Addition in Bank Routing Case

The Ahmedabad Bench of the ITAT partly allowed the assessee’s appeals for AYs 2013-14, 2014-15 and 2015-16, holding that where the assessee is merely an accommodation entry

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