https://www.taxtmi.com/caselaws?id=182094 The Tribunal dismissed the department's appeal, upholding the decisions of the CIT(A) regarding the taxability of both advance license benefits and pass book benefits. The judgment emphasized the importance of timing in determining the accrual of income from such benefits, aligning with previous rulings and the decision of the Hon'ble Bombay High Court. en-us Fri, 29 Apr 2011 00:00:00 +0530 Mon, 02 May 2016 16:55:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182094 The Tribunal dismissed the department's appeal, upholding the decisions of the CIT(A) regarding the taxability of both advance license benefits and pass book benefits. The judgment emphasized the importance of timing in determining the accrual of income from such benefits, aligning with previous rulings and the decision of the Hon'ble Bombay High Court. Case-Laws Income Tax Fri, 29 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182094