https://www.taxtmi.com/caselaws?id=119067 The Tribunal held that the disputed sum of Rs. 77 lakhs and the Rs. 23 lakhs already withdrawn by the assessee were not taxable in the year under consideration due to the ongoing dispute. The Tribunal found that the entire settlement agreement was in question, rendering the amounts in question non-taxable. As a result, the assessee's appeal was allowed, and the revenue's appeal was dismissed. en-us Fri, 08 Apr 2005 00:00:00 +0530 Sat, 07 Jul 2012 17:47:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119067 The Tribunal held that the disputed sum of Rs. 77 lakhs and the Rs. 23 lakhs already withdrawn by the assessee were not taxable in the year under consideration due to the ongoing dispute. The Tribunal found that the entire settlement agreement was in question, rendering the amounts in question non-taxable. As a result, the assessee's appeal was allowed, and the revenue's appeal was dismissed. Case-Laws Income Tax Fri, 08 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119067