https://www.taxtmi.com/caselaws?id=17364 The court upheld the Income-tax Officer's decision to spread over the difference in construction cost for four years, rejecting the assessee's claim for a six-year spread-over. The inclusion of equipment costs in the building cost for spread-over was approved by the court due to lack of contention raised earlier. The court ruled against the Tribunal for sustaining an addition to income from other sources without allowing the assessee an opportunity to explain the source, emphasizing the legal right for the assessee to provide explanations as per the Income-tax Act. en-us Tue, 10 Jun 1997 00:00:00 +0530 Mon, 21 Sep 2009 17:49:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17364 The court upheld the Income-tax Officer's decision to spread over the difference in construction cost for four years, rejecting the assessee's claim for a six-year spread-over. The inclusion of equipment costs in the building cost for spread-over was approved by the court due to lack of contention raised earlier. The court ruled against the Tribunal for sustaining an addition to income from other sources without allowing the assessee an opportunity to explain the source, emphasizing the legal right for the assessee to provide explanations as per the Income-tax Act. Case-Laws Income Tax Tue, 10 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17364