https://www.taxtmi.com/caselaws?id=382733 The Tribunal upheld the CIT(A)'s decision that the amount of Rs. 3,55,45,600 accrued and was received by the assessee during the financial year 2010-11. The claim for the benefit under Section 11(1) Explanation-2 was rejected, as the option was not exercised. The Tribunal found no violation of natural justice and held that the subsequent addendum was not valid. Consequently, the appeal was dismissed. en-us Wed, 26 Jun 2019 00:00:00 +0530 Tue, 09 Jul 2019 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382733 The Tribunal upheld the CIT(A)'s decision that the amount of Rs. 3,55,45,600 accrued and was received by the assessee during the financial year 2010-11. The claim for the benefit under Section 11(1) Explanation-2 was rejected, as the option was not exercised. The Tribunal found no violation of natural justice and held that the subsequent addendum was not valid. Consequently, the appeal was dismissed. Case-Laws Income Tax Wed, 26 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382733