https://www.taxtmi.com/caselaws?id=464034 ITAT Mumbai upheld the CIT(A)'s finding that the mobilization advance received by the firm was a recoverable advance, not income, and therefore could not be added to taxable income despite TDS shown in Form 26AS. The tribunal agreed that bills were not raised and recovery provisions in the tender required repayment in installments against RA bills; reliance on precedents from HC and other ITAT decisions supported that mobilization advances are not revenue receipts and TDS deduction alone does not convert them into income. Revenue's appeal was dismissed. en-us Wed, 15 May 2019 00:00:00 +0530 Sat, 27 Sep 2025 19:31:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464034 ITAT Mumbai upheld the CIT(A)'s finding that the mobilization advance received by the firm was a recoverable advance, not income, and therefore could not be added to taxable income despite TDS shown in Form 26AS. The tribunal agreed that bills were not raised and recovery provisions in the tender required repayment in installments against RA bills; reliance on precedents from HC and other ITAT decisions supported that mobilization advances are not revenue receipts and TDS deduction alone does not convert them into income. Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 15 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464034