https://www.taxtmi.com/caselaws?id=378182 The Income Tax Appellate Tribunal upheld its decision to dismiss the appeal challenging the addition of deemed income. The Tribunal found that the payment in question was a pass-through payment received from the Insurance Company and not an actual expense incurred by the assessee. Therefore, the addition of deemed income was deemed unjustified, leading to the dismissal of the appeal. en-us Tue, 19 Feb 2019 00:00:00 +0530 Tue, 09 Apr 2019 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378182 The Income Tax Appellate Tribunal upheld its decision to dismiss the appeal challenging the addition of deemed income. The Tribunal found that the payment in question was a pass-through payment received from the Insurance Company and not an actual expense incurred by the assessee. Therefore, the addition of deemed income was deemed unjustified, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 19 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378182