https://www.taxtmi.com/caselaws?id=338626 The Tribunal allowed the appeal, ruling that the addition of Rs. 3,70,244 as an undisclosed current asset was not justified. The Tribunal held that the amount had already been included in the gross receipts and profit & loss account, and taxing it again would amount to double taxation. en-us Fri, 03 Feb 2017 00:00:00 +0530 Wed, 08 Feb 2017 12:25:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338626 The Tribunal allowed the appeal, ruling that the addition of Rs. 3,70,244 as an undisclosed current asset was not justified. The Tribunal held that the amount had already been included in the gross receipts and profit & loss account, and taxing it again would amount to double taxation. Case-Laws Income Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338626