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UPASANA HOSPITAL AND NURSING HOME versus COMMISSIONER OF INCOME-TAX


The Indian Income Tax Act, 1961, proceeds from unidentified sources showed that Assisi had underestimated the cost of hospital contract between Assisi and Income which he claimed would be more expensive in the last four years. Indian Income Tax Act, 1961 Referring to income from unidentified sources, the High Court Tribunal has found that the Assisi obtained goods worth Rs 62,046. Which is not justified in explaining the source of investment not given to the diagnostic tribunal The reason is that the income matter received from an unknown source was not remanded for more than fifteen years since the accounting year related to the Indian Income Tax Act, 1961, Sections 69 and 256.

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