AdvertisementPrasad Vijaykumar Kulkarni Vs ITO (ITAT Pune) The Pune Bench of the Income Tax Appellate Tribunal heard the assessee’s appeal against the order dated 23.02.2024 passed by the Commissioner of Income Tax (Appeals)/NFAC for Assessment Year 2019-20. The dispute concerned the taxability of an amount received from Pfizer Healthcare India Pvt. Ltd. under its Financial Scheme and the assessee’s alternative claim that the receipt constituted a capital receipt instead of profits in lieu of salary. The assessee filed the return of income declaring total income of ₹66,05,280 and claimed dedu...