https://www.taxtmi.com/caselaws?id=356276 The Tribunal upheld the decisions of the ld CITA in all three issues, dismissing the revenue's appeals. The Tribunal found that the deletions of additions towards contractual receipt variances, machinery hire charges treated as rental income, and backworked interest income were justified. The reliance on Form 26AS for contractual receipts, inclusion of charges in contract receipts, and speculative nature of the interest income addition were key factors in the Tribunal's decision to uphold the ld CITA's deletions. en-us Mon, 19 Feb 2018 00:00:00 +0530 Wed, 28 Feb 2018 06:31:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356276 The Tribunal upheld the decisions of the ld CITA in all three issues, dismissing the revenue's appeals. The Tribunal found that the deletions of additions towards contractual receipt variances, machinery hire charges treated as rental income, and backworked interest income were justified. The reliance on Form 26AS for contractual receipts, inclusion of charges in contract receipts, and speculative nature of the interest income addition were key factors in the Tribunal's decision to uphold the ld CITA's deletions. Case-Laws Income Tax Mon, 19 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356276