https://www.taxtmi.com/caselaws?id=26916 The court directed the Tribunal to re-examine the taxability of the sum of Rs. 1,69,456 in the hands of the assessee-firm, considering the principles of accrual and section 170(1)(b) of the Act. The Tribunal should provide opportunities for both the assessee and the Revenue to present relevant materials. The court disregarded the Tribunal's findings on the taxability of the sum in the predecessor firm's hands and upheld the Tribunal's rejection of the Revenue's plea of a mere change in the firm's constitution. en-us Fri, 16 Nov 1984 00:00:00 +0530 Tue, 09 Feb 2010 12:50:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26916 The court directed the Tribunal to re-examine the taxability of the sum of Rs. 1,69,456 in the hands of the assessee-firm, considering the principles of accrual and section 170(1)(b) of the Act. The Tribunal should provide opportunities for both the assessee and the Revenue to present relevant materials. The court disregarded the Tribunal's findings on the taxability of the sum in the predecessor firm's hands and upheld the Tribunal's rejection of the Revenue's plea of a mere change in the firm's constitution. Case-Laws Income Tax Fri, 16 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26916