https://www.taxtmi.com/caselaws?id=271237 The Tribunal allowed the appeal filed by the Assessee, canceling the addition of Rs. 14,00,000 as income from other sources. The Tribunal disagreed with the Ld. CIT(A) and held that the amount should be taxed on a receipt basis, not under the percentage of completion method. Consequently, the Tribunal did not address the jurisdictional challenge to the assessment order under section 143(3) r.w.s. 153A, as the primary issue was resolved in favor of the Assessee. en-us Fri, 01 Jan 2016 00:00:00 +0530 Sat, 30 Jan 2016 10:15:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271237 The Tribunal allowed the appeal filed by the Assessee, canceling the addition of Rs. 14,00,000 as income from other sources. The Tribunal disagreed with the Ld. CIT(A) and held that the amount should be taxed on a receipt basis, not under the percentage of completion method. Consequently, the Tribunal did not address the jurisdictional challenge to the assessment order under section 143(3) r.w.s. 153A, as the primary issue was resolved in favor of the Assessee. Case-Laws Income Tax Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271237