https://www.taxtmi.com/caselaws?id=436788 The appellate tribunal allowed the appeal in favor of the assessee, directing the assessing officer to tax the income at 8% of the professional receipts for the assessment year 2010-11. The tribunal emphasized that the assessing officer failed to consider the benefits like Tax Deducted at Source (TDS) and deductions under Chapter-VIA, and confirmed the addition without proper evaluation. The assessing officer was instructed to conduct a fresh assessment taking into account the mentioned benefits and deductions. en-us Tue, 18 Apr 2023 00:00:00 +0530 Thu, 20 Apr 2023 10:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436788 The appellate tribunal allowed the appeal in favor of the assessee, directing the assessing officer to tax the income at 8% of the professional receipts for the assessment year 2010-11. The tribunal emphasized that the assessing officer failed to consider the benefits like Tax Deducted at Source (TDS) and deductions under Chapter-VIA, and confirmed the addition without proper evaluation. The assessing officer was instructed to conduct a fresh assessment taking into account the mentioned benefits and deductions. Case-Laws Income Tax Tue, 18 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436788