COMMISSIONER OF INCOME TAX TDS vs. M/S MEWAR HOSPITAL PVT LTD
ITA/6/2021HC Rajasthan01 Nov 2022
Bench: SANDEEP MEHTA,KULDEEP MATHUR
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
153C of the I.T. Act. Placing reliance on the
seized documents, the Assessing Authority found that the erstwhile
trustees had in fact received approximately Rs.37.5 crores towards
consideration for relinquishing their trusteeship but they had
camouflaged these receipts under different heads by showing the
receipt of Rs.14.55 crores towards reimbursement of amounts paid by
assessees for clearing outstanding debts
