https://www.taxtmi.com/caselaws?id=371877 The Tribunal upheld the CIT(A)'s decision in favor of the Assessee regarding the addition of surcharge on electricity bills. The Tribunal considered the Assessee's right to receive the surcharge, even though consumers did not contest it, and emphasized the consistency in accounting practices. The Revenue's appeal was dismissed, and the Assessee's cross objections were rejected based on previous rulings and the lack of new grounds raised during the proceedings. The Court affirmed the decision, stating that the Assessee would be liable to pay tax on the surcharge upon receipt, leading to the dismissal of the appeal. en-us Thu, 29 Nov 2018 00:00:00 +0530 Mon, 27 Jul 2020 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371877 The Tribunal upheld the CIT(A)'s decision in favor of the Assessee regarding the addition of surcharge on electricity bills. The Tribunal considered the Assessee's right to receive the surcharge, even though consumers did not contest it, and emphasized the consistency in accounting practices. The Revenue's appeal was dismissed, and the Assessee's cross objections were rejected based on previous rulings and the lack of new grounds raised during the proceedings. The Court affirmed the decision, stating that the Assessee would be liable to pay tax on the surcharge upon receipt, leading to the dismissal of the appeal. Case-Laws Income Tax Thu, 29 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371877