https://www.taxtmi.com/caselaws?id=386908 The Tribunal held that the addition of the disputed refund claim to the total income was not justified as the claim was rejected by the Customs Department. The Tribunal emphasized that income must be real and not hypothetical, and since the refund claim was declined, it could not be considered as accrued income. Therefore, the appeal of the assessee was allowed, and the addition made by the Assessing Officer was deleted. The order was pronounced on 03/10/2019. en-us Thu, 03 Oct 2019 00:00:00 +0530 Tue, 03 Dec 2019 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386908 The Tribunal held that the addition of the disputed refund claim to the total income was not justified as the claim was rejected by the Customs Department. The Tribunal emphasized that income must be real and not hypothetical, and since the refund claim was declined, it could not be considered as accrued income. Therefore, the appeal of the assessee was allowed, and the addition made by the Assessing Officer was deleted. The order was pronounced on 03/10/2019. Case-Laws Income Tax Thu, 03 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386908