https://www.taxtmi.com/caselaws?id=266194 The Tribunal directed the deletion of the addition of unearned income in all assessment years under review, following the Commissioner's emphasis that income is earned only when services are actually rendered, not when invoices are issued. Despite the Revenue's arguments based on legal precedents, the Tribunal remitted the issue back to the Assessing Officer due to lack of specific details on how deferred income was offered for taxation in subsequent years. The Tribunal allowed the Revenue's appeals for statistical purposes without addressing the substantive merits of the case. en-us Fri, 21 Aug 2015 00:00:00 +0530 Sun, 18 Oct 2015 17:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266194 The Tribunal directed the deletion of the addition of unearned income in all assessment years under review, following the Commissioner's emphasis that income is earned only when services are actually rendered, not when invoices are issued. Despite the Revenue's arguments based on legal precedents, the Tribunal remitted the issue back to the Assessing Officer due to lack of specific details on how deferred income was offered for taxation in subsequent years. The Tribunal allowed the Revenue's appeals for statistical purposes without addressing the substantive merits of the case. Case-Laws Income Tax Fri, 21 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266194