https://www.taxtmi.com/caselaws?id=341315 The court confirmed the additions to the assessee's income, rejecting claims of double taxation and disallowance of interest income and contract receipts. The Assessing Officer's decision to include these amounts was upheld, emphasizing the need for concrete evidence to support income claims. The CIT(A) and ITAT dismissed the appeal, citing factual discrepancies and contractual obligations as key factors in determining tax liability. The judgment underscores the significance of providing verifiable evidence and understanding contractual responsibilities in tax assessments. en-us Wed, 29 Mar 2017 00:00:00 +0530 Thu, 06 Apr 2017 08:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341315 The court confirmed the additions to the assessee's income, rejecting claims of double taxation and disallowance of interest income and contract receipts. The Assessing Officer's decision to include these amounts was upheld, emphasizing the need for concrete evidence to support income claims. The CIT(A) and ITAT dismissed the appeal, citing factual discrepancies and contractual obligations as key factors in determining tax liability. The judgment underscores the significance of providing verifiable evidence and understanding contractual responsibilities in tax assessments. Case-Laws Income Tax Wed, 29 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341315