https://www.taxtmi.com/caselaws?id=258302 The Tribunal allowed both the Assessee's and the Revenue's appeals for statistical purposes, directing a fresh examination by the AO based on the guidelines provided. The key directives included treating the sub-lease amounts as capital receipts, rejecting the principle of mutuality, restricting the assessment of unaccounted income to the incriminating material found, and applying the correct method of accounting based on the Assessee's role and financial data. en-us Thu, 26 Mar 2015 00:00:00 +0530 Mon, 06 Apr 2015 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258302 The Tribunal allowed both the Assessee's and the Revenue's appeals for statistical purposes, directing a fresh examination by the AO based on the guidelines provided. The key directives included treating the sub-lease amounts as capital receipts, rejecting the principle of mutuality, restricting the assessment of unaccounted income to the incriminating material found, and applying the correct method of accounting based on the Assessee's role and financial data. Case-Laws Income Tax Thu, 26 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258302