<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Government Employee Faces Section 69A Scrutiny Over Unexplained Rs. 10 Lakh Chit Fund Investment; Lacks Sufficient Evidence.</title>
    <link>https://www.taxtmi.com/highlights?id=58680</link>
    <description>Addition u/s 69A - chit fund investment - the CIT(A) observed that being govt. employee, the assessee is not permitted to enter in chit fund. Even before us, the ld. AR of the assessee failed to establish that the amount of &amp;#8377; 10,00,000/- received from chit fund and the submissions in the written submissions are general and vogue which are not supported to the case of the assessee. - AT</description>
    <language>en-us</language>
    <pubDate>Wed, 07 Jul 2021 11:22:03 +0530</pubDate>
    <lastBuildDate>Wed, 07 Jul 2021 11:22:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=648967" rel="self" type="application/rss+xml"/>
    <item>
      <title>Government Employee Faces Section 69A Scrutiny Over Unexplained Rs. 10 Lakh Chit Fund Investment; Lacks Sufficient Evidence.</title>
      <link>https://www.taxtmi.com/highlights?id=58680</link>
      <description>Addition u/s 69A - chit fund investment - the CIT(A) observed that being govt. employee, the assessee is not permitted to enter in chit fund. Even before us, the ld. AR of the assessee failed to establish that the amount of &amp;#8377; 10,00,000/- received from chit fund and the submissions in the written submissions are general and vogue which are not supported to the case of the assessee. - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Wed, 07 Jul 2021 11:22:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=58680</guid>
    </item>
  </channel>
</rss>