https://www.taxtmi.com/caselaws?id=240099 The ITAT upheld the CIT(A)'s decision to delete the addition made by the AO regarding revenue recognition, affirming the assessee's method. Additionally, the ITAT rejected the AO's disallowance of Rs.15 lakhs for reimbursed expenditure under S.40(a)(ia), agreeing with the CIT(A) that the reimbursement did not require tax deduction. The ITAT dismissed the Revenue's appeal, affirming the CIT(A)'s rulings on both issues. en-us Fri, 08 Feb 2013 00:00:00 +0530 Mon, 11 Nov 2013 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240099 The ITAT upheld the CIT(A)'s decision to delete the addition made by the AO regarding revenue recognition, affirming the assessee's method. Additionally, the ITAT rejected the AO's disallowance of Rs.15 lakhs for reimbursed expenditure under S.40(a)(ia), agreeing with the CIT(A) that the reimbursement did not require tax deduction. The ITAT dismissed the Revenue's appeal, affirming the CIT(A)'s rulings on both issues. Case-Laws Income Tax Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240099