Addition under section 44ADA deleted by ITAT as the Taxpayer is just 10th passed
In the case of Shri Vishnu Dattatraya Ponkshe v/s CPC, Bengaluru [ITA No. 1570/Mum/2023], Mumbai Tribunal held that addition made @50% of total receipts u/s 44ADA of the Income-tax Act needs to be deleted on the reasoning that the assessee is just 10th / matriculation passed and do not have any qualification to act as legal, medical, engineering or architectural profession or profession of accountancy, technical consultancy or interior decoration or any other profession notified u/s 44AA.
The copy of the order is as under:
