https://www.taxtmi.com/caselaws?id=373718 The Tribunal upheld the CIT(A)'s decision that the addition of Rs. 90 lakhs as extra income in the hands of the assessee was unjustified. It was determined that the amount was received on behalf of the society as per the development agreement and was not the assessee's profit. The Tribunal found no reason to overturn the well-analyzed decision of the CIT(A) and dismissed the Revenue's appeal. en-us Tue, 15 Jan 2019 00:00:00 +0530 Fri, 18 Jan 2019 08:12:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373718 The Tribunal upheld the CIT(A)'s decision that the addition of Rs. 90 lakhs as extra income in the hands of the assessee was unjustified. It was determined that the amount was received on behalf of the society as per the development agreement and was not the assessee's profit. The Tribunal found no reason to overturn the well-analyzed decision of the CIT(A) and dismissed the Revenue's appeal. Case-Laws Income Tax Tue, 15 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373718