https://www.taxtmi.com/caselaws?id=343862 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s order. It was determined that the unaccounted income should be taxed in the years when the corresponding projects are completed and the sale deeds are executed, aligning with accounting standards and judicial precedents. The Tribunal found no grounds to overturn the CIT(A)'s decision, emphasizing the proper timing of taxing unaccounted income. en-us Thu, 01 Jun 2017 00:00:00 +0530 Fri, 02 Jun 2017 13:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343862 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s order. It was determined that the unaccounted income should be taxed in the years when the corresponding projects are completed and the sale deeds are executed, aligning with accounting standards and judicial precedents. The Tribunal found no grounds to overturn the CIT(A)'s decision, emphasizing the proper timing of taxing unaccounted income. Case-Laws Income Tax Thu, 01 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343862