https://www.taxtmi.com/caselaws?id=377271 The Tribunal allowed the appeal of the assessee and partly allowed the appeal of the Revenue. It upheld the deletion of Rs. 48,65,000 (except for Rs. 11.25 lakhs remanded for fresh adjudication), confirmed the non-taxability of amounts received on retirement, and directed the AO to delete additions made under sections 68 and 28(v). The decision was based on the treatment of amounts received on retirement from a partnership firm and relevant legal principles. en-us Wed, 30 Jan 2019 00:00:00 +0530 Tue, 26 Mar 2019 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377271 The Tribunal allowed the appeal of the assessee and partly allowed the appeal of the Revenue. It upheld the deletion of Rs. 48,65,000 (except for Rs. 11.25 lakhs remanded for fresh adjudication), confirmed the non-taxability of amounts received on retirement, and directed the AO to delete additions made under sections 68 and 28(v). The decision was based on the treatment of amounts received on retirement from a partnership firm and relevant legal principles. Case-Laws Income Tax Wed, 30 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377271