https://www.taxtmi.com/caselaws?id=265032 The Tribunal dismissed the appeals by the Revenue for both assessment years. The grounds raised by the department were deemed irrelevant, and certain issues were considered infructuous. The addition made on an estimation basis for construction of housing projects was deleted by the CIT(A) and upheld by the Tribunal based on the assessee's consistent income recognition method. The disallowance under section 40(a)(ia) for non-remittance of TDS before the due date was ruled in favor of the assessee, citing retrospective operation of the relevant provision. en-us Fri, 19 Sep 2014 00:00:00 +0530 Tue, 06 Oct 2015 05:59:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265032 The Tribunal dismissed the appeals by the Revenue for both assessment years. The grounds raised by the department were deemed irrelevant, and certain issues were considered infructuous. The addition made on an estimation basis for construction of housing projects was deleted by the CIT(A) and upheld by the Tribunal based on the assessee's consistent income recognition method. The disallowance under section 40(a)(ia) for non-remittance of TDS before the due date was ruled in favor of the assessee, citing retrospective operation of the relevant provision. Case-Laws Income Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265032