https://www.taxtmi.com/caselaws?id=330230 The Tribunal dismissed the assessee's appeal and partly allowed the revenue's appeal. The Tribunal upheld the addition of Rs. 43,12,500 while deleting Rs. 34,37,500 previously offered. It was determined that the total cash received and tax offered were pivotal in the decision. Additionally, the Tribunal noted the possibility of a tax credit if income overlap was established in the subsequent year. en-us Fri, 17 Jun 2016 00:00:00 +0530 Wed, 20 Jul 2016 13:29:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330230 The Tribunal dismissed the assessee's appeal and partly allowed the revenue's appeal. The Tribunal upheld the addition of Rs. 43,12,500 while deleting Rs. 34,37,500 previously offered. It was determined that the total cash received and tax offered were pivotal in the decision. Additionally, the Tribunal noted the possibility of a tax credit if income overlap was established in the subsequent year. Case-Laws Income Tax Fri, 17 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330230