https://www.taxtmi.com/caselaws?id=249951 The Tribunal confirmed the CIT(A)'s order, dismissing the Revenue's appeal regarding the addition of undisclosed income due to a difference in receipts and the application of accounting systems by the assessee and the principal. The Tribunal upheld the decision based on the cash system of accounting followed by the assessee, reconciliation of receipts and payments, and the retention of money by the principal, leading to the direction to withdraw TDS credit for untaxed income. Consequently, the Revenue's appeal was dismissed. en-us Fri, 02 May 2014 00:00:00 +0530 Tue, 29 Jul 2014 08:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249951 The Tribunal confirmed the CIT(A)'s order, dismissing the Revenue's appeal regarding the addition of undisclosed income due to a difference in receipts and the application of accounting systems by the assessee and the principal. The Tribunal upheld the decision based on the cash system of accounting followed by the assessee, reconciliation of receipts and payments, and the retention of money by the principal, leading to the direction to withdraw TDS credit for untaxed income. Consequently, the Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 02 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249951