https://www.taxtmi.com/caselaws?id=28170 The court upheld the decision to include unpaid Central sales tax amounts in the firms' income for assessment, dismissing the writ petitions challenging the notices issued by the Income Tax Officer. The court found that the ITO's actions were not illegal or beyond jurisdiction based on prevailing legal interpretations, emphasizing that the nature of the receipt determines its tax treatment. en-us Fri, 29 Apr 1983 00:00:00 +0530 Fri, 19 Feb 2010 13:53:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28170 The court upheld the decision to include unpaid Central sales tax amounts in the firms' income for assessment, dismissing the writ petitions challenging the notices issued by the Income Tax Officer. The court found that the ITO's actions were not illegal or beyond jurisdiction based on prevailing legal interpretations, emphasizing that the nature of the receipt determines its tax treatment. Case-Laws Income Tax Fri, 29 Apr 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28170