https://www.taxtmi.com/caselaws?id=249264 The case involved disputes over the addition of income not declared by the assessee, treatment of income from AP Beverages Corporation Ltd., and the claim of TDS credit by the company. The CIT(A) ruled in favor of the assessee, noting that the income had already been reflected in the company's books and offered for taxation, thereby avoiding double taxation concerns. The decision emphasized the importance of correctly attributing income and ensuring that TDS credits are appropriately accounted for to prevent double taxation issues. en-us Wed, 18 Jun 2014 00:00:00 +0530 Wed, 09 Jul 2014 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249264 The case involved disputes over the addition of income not declared by the assessee, treatment of income from AP Beverages Corporation Ltd., and the claim of TDS credit by the company. The CIT(A) ruled in favor of the assessee, noting that the income had already been reflected in the company's books and offered for taxation, thereby avoiding double taxation concerns. The decision emphasized the importance of correctly attributing income and ensuring that TDS credits are appropriately accounted for to prevent double taxation issues. Case-Laws Income Tax Wed, 18 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249264