https://www.taxtmi.com/caselaws?id=279813 The Tribunal ruled in favor of the assessee, deleting the additions made by the Assessing Officer for A.Ys. 2004-05 and 2005-06, citing lack of incriminating evidence and double taxation concerns. For A.Y. 2006-07, the Tribunal partly allowed the appeal, sustaining an addition of Rs. 2,00,50,000 based on admissions consultancy fees collected from students. The Tribunal also annulled the double addition of Rs. 3,14,83,870 for A.Y. 2006-07, as the income was already declared and taxed in the relevant assessment years. en-us Fri, 29 Nov 2013 00:00:00 +0530 Sat, 06 Apr 2019 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279813 The Tribunal ruled in favor of the assessee, deleting the additions made by the Assessing Officer for A.Ys. 2004-05 and 2005-06, citing lack of incriminating evidence and double taxation concerns. For A.Y. 2006-07, the Tribunal partly allowed the appeal, sustaining an addition of Rs. 2,00,50,000 based on admissions consultancy fees collected from students. The Tribunal also annulled the double addition of Rs. 3,14,83,870 for A.Y. 2006-07, as the income was already declared and taxed in the relevant assessment years. Case-Laws Income Tax Fri, 29 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279813