https://www.taxtmi.com/caselaws?id=293527 The appeal was partly allowed, with the first ground dismissed in favor of the assessee regarding the addition of motor accident claims of earlier years. The Tribunal upheld the CIT(A)'s direction for verification of claims based on the crystallization of liability. However, the second ground was upheld in favor of the Revenue concerning the treatment of income from license fees of a canteen, which was deemed taxable under the head of income from house property. The decision was supported by prior rulings and legal interpretations, providing detailed reasoning for each issue. en-us Mon, 29 Jan 2018 00:00:00 +0530 Sat, 04 Dec 2021 15:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293527 The appeal was partly allowed, with the first ground dismissed in favor of the assessee regarding the addition of motor accident claims of earlier years. The Tribunal upheld the CIT(A)'s direction for verification of claims based on the crystallization of liability. However, the second ground was upheld in favor of the Revenue concerning the treatment of income from license fees of a canteen, which was deemed taxable under the head of income from house property. The decision was supported by prior rulings and legal interpretations, providing detailed reasoning for each issue. Case-Laws Income Tax Mon, 29 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293527