https://www.taxtmi.com/caselaws?id=388073 Income already assessed in an earlier year should not be taxed again merely because it was repeated in a return filed in reassessment proceedings; the correct course is to address the duplication through rectification, not by sustaining a double addition. A deduction under section 54 is allowable where purchase of a residential plot and construction of a house are supported by sale deed, builder agreement, valuation material and bank withdrawals, and there is no contrary material to discredit the claim. The note concludes that both the duplicate commission addition and the section 54 disallowance were unsustainable. en-us Tue, 17 Sep 2019 00:00:00 +0530 Thu, 07 Nov 2019 07:37:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388073 Income already assessed in an earlier year should not be taxed again merely because it was repeated in a return filed in reassessment proceedings; the correct course is to address the duplication through rectification, not by sustaining a double addition. A deduction under section 54 is allowable where purchase of a residential plot and construction of a house are supported by sale deed, builder agreement, valuation material and bank withdrawals, and there is no contrary material to discredit the claim. The note concludes that both the duplicate commission addition and the section 54 disallowance were unsustainable. Case-Laws Income Tax Tue, 17 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388073