Section 69C Addition for Unexplained Capitation Fee Upheld: Delhi HC

Sushil Bansal Vs PCIT-19 (Delhi High Court) The appeal before the Delhi High Court challenged an order of the Income Tax Appellate Tribunal (ITAT) for Assessment Year (AY) 2013-14. The assessee had not filed a return of income for the relevant assessment year. During a search under Section 132 of the Income-tax Act conducted in the Santosh Group of Institutions, material was found indicating that, at the time of admission of the assessee’s son to an MBBS course in Santosh Medical College, a payment of ₹23 lakh had been received as capitation fee in addition to the regular college fees. The...