https://www.taxtmi.com/caselaws?id=300569 The Revenue's appeal against the CIT(A)'s decision to reduce the assessee's income for assessment years 2008-09 and 2009-10 was dismissed by the Tribunal. The CIT(A) had allowed the reduction in income for both years as the amounts in question had been previously taxed, emphasizing that income cannot be taxed twice. The Tribunal upheld the CIT(A)'s decisions, highlighting that the claims were verified before granting relief, regardless of their origin from the assessment order or return of income. en-us Fri, 27 Sep 2013 00:00:00 +0530 Sat, 12 Feb 2022 10:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300569 The Revenue's appeal against the CIT(A)'s decision to reduce the assessee's income for assessment years 2008-09 and 2009-10 was dismissed by the Tribunal. The CIT(A) had allowed the reduction in income for both years as the amounts in question had been previously taxed, emphasizing that income cannot be taxed twice. The Tribunal upheld the CIT(A)'s decisions, highlighting that the claims were verified before granting relief, regardless of their origin from the assessment order or return of income. Case-Laws Income Tax Fri, 27 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300569