https://www.taxtmi.com/caselaws?id=241650 An amount received merely as reimbursement of central excise duty paid on behalf of another party, and not as an independent receipt or trading income, was held not to constitute taxable income. On the facts found by the appellate authority and affirmed by the Tribunal, the assessee had not received any separate income from the buyer Government Department, so the addition for excise duty receivable was unsupported. The deletion of the addition was upheld and the Revenue's question of law was answered against it. en-us Thu, 09 Aug 2012 00:00:00 +0530 Sat, 28 Dec 2013 09:32:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241650 An amount received merely as reimbursement of central excise duty paid on behalf of another party, and not as an independent receipt or trading income, was held not to constitute taxable income. On the facts found by the appellate authority and affirmed by the Tribunal, the assessee had not received any separate income from the buyer Government Department, so the addition for excise duty receivable was unsupported. The deletion of the addition was upheld and the Revenue's question of law was answered against it. Case-Laws Income Tax Thu, 09 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241650