ITAT Orders Fresh Examination of ST Doctor’s Tax Exemption Claim U/S 10(26)

ITO Vs Achula Darneichong Sailo (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT) in Kolkata addressed an appeal filed by the Income Tax Officer (ITO) against an order passed by the Commissioner of Income Tax (Appeals) [CIT(A)]. The dispute centered on the tax exemption claim under Section 10(26) of the Income Tax Act, 1961, by Achula Darneichong Sailo, a scheduled tribe member and medical doctor operating Bethany Hospital in Shillong. The Assessing Officer (AO) had reopened the assessment due to unexplained high-value bank transactions, including significant cash deposits, and professio...