https://www.taxtmi.com/caselaws?id=192014 The Appellate Tribunal upheld the Commissioner (Appeals)'s decision to delete the addition of &8377; 7,35,73,500, ruling that the amount received by the assessee from its associated enterprise was not to be treated as income. The Tribunal found that the money was received with an obligation to pay over the same to specified persons, and no part of it was retained by the assessee. The Tribunal concluded that the Assessing Officer's grievances were devoid of legally sustainable merits, and the deletion of the addition was justified. The appeal was dismissed on 2nd November 2011. en-us Wed, 02 Nov 2011 00:00:00 +0530 Tue, 09 May 2017 16:22:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192014 The Appellate Tribunal upheld the Commissioner (Appeals)'s decision to delete the addition of &8377; 7,35,73,500, ruling that the amount received by the assessee from its associated enterprise was not to be treated as income. The Tribunal found that the money was received with an obligation to pay over the same to specified persons, and no part of it was retained by the assessee. The Tribunal concluded that the Assessing Officer's grievances were devoid of legally sustainable merits, and the deletion of the addition was justified. The appeal was dismissed on 2nd November 2011. Case-Laws Income Tax Wed, 02 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192014