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Karnataka high court holds that “mere deduction of TDS under professional charges does not prove existence of professional services” — Court upholds ITAT’s finding that ₹66 lakh receipt was salary income and rejects interest deduction claim
Court’s decision The Karnataka High Court dismissed the appeal filed by the Appellant and upheld the findings of the Income Tax Appellate Tribunal that the amount of ₹66,00,000 received from…
