https://www.taxtmi.com/caselaws?id=266350 The appeal was dismissed regarding the reworking of income classification from capital gain to business due to the appellant withdrawing the ground of appeal during the hearing. In the matter of the addition of income from M/s. Chandan Carrier, the Tribunal remanded the case to the AO for reevaluation to confirm if the income was already included in the return to prevent double taxation. The appeal was partly allowed for statistical purposes, emphasizing the importance of verifying income declarations and avoiding additional taxation. en-us Fri, 19 Jun 2015 00:00:00 +0530 Mon, 19 Oct 2015 20:35:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266350 The appeal was dismissed regarding the reworking of income classification from capital gain to business due to the appellant withdrawing the ground of appeal during the hearing. In the matter of the addition of income from M/s. Chandan Carrier, the Tribunal remanded the case to the AO for reevaluation to confirm if the income was already included in the return to prevent double taxation. The appeal was partly allowed for statistical purposes, emphasizing the importance of verifying income declarations and avoiding additional taxation. Case-Laws Income Tax Fri, 19 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266350