https://www.taxtmi.com/caselaws?id=778141 ITAT MUMBAI - AT upheld the CIT(A) order in favour of the assessee, rejecting AO's addition treating ECIS's invoice-related variation as undisclosed income. The tribunal found the discrepancy arose from different statutory definitions of "turnover" (Income-tax Act vs Service Tax Act); reimbursements to ECIS were on a cost-to-cost basis with no P&L impact, and thus not assessable as income. The impugned appellate order was sustained. en-us Wed, 15 Jan 2025 00:00:00 +0530 Thu, 11 Sep 2025 08:29:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778141 ITAT MUMBAI - AT upheld the CIT(A) order in favour of the assessee, rejecting AO's addition treating ECIS's invoice-related variation as undisclosed income. The tribunal found the discrepancy arose from different statutory definitions of "turnover" (Income-tax Act vs Service Tax Act); reimbursements to ECIS were on a cost-to-cost basis with no P&L impact, and thus not assessable as income. The impugned appellate order was sustained. Case-Laws Income Tax Wed, 15 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778141