https://www.taxtmi.com/caselaws?id=250768 The appeal challenging an assessment order by the Commissioner of Income Tax (Appeals)-II, Ahmedabad, was dismissed. The addition of Rs. 35,00,000 as income for a specific assessment year was upheld, emphasizing the mercantile accounting system followed by the assessee. Despite concerns of potential double taxation, the Tribunal affirmed the decision but advised the assessee to seek relief to prevent such duplication. en-us Thu, 14 Aug 2014 00:00:00 +0530 Mon, 25 Aug 2014 08:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250768 The appeal challenging an assessment order by the Commissioner of Income Tax (Appeals)-II, Ahmedabad, was dismissed. The addition of Rs. 35,00,000 as income for a specific assessment year was upheld, emphasizing the mercantile accounting system followed by the assessee. Despite concerns of potential double taxation, the Tribunal affirmed the decision but advised the assessee to seek relief to prevent such duplication. Case-Laws Income Tax Thu, 14 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250768