https://www.taxtmi.com/caselaws?id=238718 The Tribunal and Commissioner of Income Tax (Appeals) reversed the Assessing Officer's decision regarding the addition of Rs. 91,84,558 for assessment year 2008-09. The Tribunal upheld the deletion of the addition after verifying that the receipts were shown in earlier years, specifically in the account books for the financial year 2005-06. The Commissioner accepted the explanation provided by the assessee, leading to the dismissal of the revenue's appeal. The assessment records supported the claim that the TDS amount had been properly accounted for in the earlier year, resulting in the deletion of the addition made by the Assessing Officer. en-us Fri, 27 Sep 2013 00:00:00 +0530 Wed, 30 Oct 2013 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238718 The Tribunal and Commissioner of Income Tax (Appeals) reversed the Assessing Officer's decision regarding the addition of Rs. 91,84,558 for assessment year 2008-09. The Tribunal upheld the deletion of the addition after verifying that the receipts were shown in earlier years, specifically in the account books for the financial year 2005-06. The Commissioner accepted the explanation provided by the assessee, leading to the dismissal of the revenue's appeal. The assessment records supported the claim that the TDS amount had been properly accounted for in the earlier year, resulting in the deletion of the addition made by the Assessing Officer. Case-Laws Income Tax Fri, 27 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238718