https://www.taxtmi.com/caselaws?id=412983 The court upheld the findings of the CIT(A) and Tribunal that the advance received was for a commercial space, not falling under section 2(22)(e) of the Income Tax Act. The court emphasized the principle of not interfering with lower appellate court decisions when two factual inferences are possible. The appeal challenging the deletion of the addition made by the Assessing Officer was dismissed, with the court highlighting that the issue raised during the hearing did not align with the proposed questions of law. en-us Mon, 20 Sep 2021 00:00:00 +0530 Fri, 01 Oct 2021 08:35:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412983 The court upheld the findings of the CIT(A) and Tribunal that the advance received was for a commercial space, not falling under section 2(22)(e) of the Income Tax Act. The court emphasized the principle of not interfering with lower appellate court decisions when two factual inferences are possible. The appeal challenging the deletion of the addition made by the Assessing Officer was dismissed, with the court highlighting that the issue raised during the hearing did not align with the proposed questions of law. Case-Laws Income Tax Mon, 20 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412983