IFTHIKAR KARUPPAMVEETIL ABDUL RAHMAN,CHAVAKKAD vs. ITO, INTERNATIONAL TAXATION, KOCHI

Appeal is partly allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

2 dated 29.11.2023 is bad in law, contrary to the facts and circumstances of the case and is liable to be quashed. E. On the facts and in the circumstances of the case and in law, the Hon'ble DRP/Learned AO/erred in making an addition of Rs.17,50,000/- being the premium paid component of the Life Insurance Policy