https://www.taxtmi.com/caselaws?id=271530 The Tribunal condoned the delay in filing the cross-objection, allowing it for adjudication. The disallowance under section 40(a)(i) for carrier payments was dismissed as the payment made to the non-resident carrier was not chargeable to tax in India. The addition of income accrued but not offered to tax was also rejected, following precedent that advances received for future services are not taxable in the year of receipt. Both the Revenue's appeal and the assessee's cross objection were dismissed, with the judgment pronounced on January 6, 2016, in Chennai. en-us Wed, 06 Jan 2016 00:00:00 +0530 Mon, 08 Feb 2016 10:05:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271530 The Tribunal condoned the delay in filing the cross-objection, allowing it for adjudication. The disallowance under section 40(a)(i) for carrier payments was dismissed as the payment made to the non-resident carrier was not chargeable to tax in India. The addition of income accrued but not offered to tax was also rejected, following precedent that advances received for future services are not taxable in the year of receipt. Both the Revenue's appeal and the assessee's cross objection were dismissed, with the judgment pronounced on January 6, 2016, in Chennai. Case-Laws Income Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271530