https://www.taxtmi.com/caselaws?id=432963 The Tribunal condoned the delay in filing the appeal, restricted the addition of contractual receipts to 8% of the sum, directed re-computation of assessment applying best judgment principle, and corrected interest charges under sections 234A, 234B, and 234C, granting relief to the assessee. The Tribunal emphasized fair consideration of submissions and compliance with statutory provisions, ensuring a balanced outcome in the assessment process. en-us Thu, 29 Dec 2022 00:00:00 +0530 Wed, 18 Jan 2023 08:34:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432963 The Tribunal condoned the delay in filing the appeal, restricted the addition of contractual receipts to 8% of the sum, directed re-computation of assessment applying best judgment principle, and corrected interest charges under sections 234A, 234B, and 234C, granting relief to the assessee. The Tribunal emphasized fair consideration of submissions and compliance with statutory provisions, ensuring a balanced outcome in the assessment process. Case-Laws Income Tax Thu, 29 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432963