https://www.taxtmi.com/caselaws?id=779773 ITAT (Nagpur) set aside the CIT(A) order and allowed the assessee's grounds: the tribunal held that a discrepancy in the supplier ledger opening balance could not be treated as income of the relevant year and therefore did not warrant an addition, and that amounts arising from delayed credit notes-which were subsequently offered to tax in a later year-should not be charged again by the AO as this would result in double taxation. en-us Thu, 23 Jan 2025 00:00:00 +0530 Sat, 11 Oct 2025 13:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779773 ITAT (Nagpur) set aside the CIT(A) order and allowed the assessee's grounds: the tribunal held that a discrepancy in the supplier ledger opening balance could not be treated as income of the relevant year and therefore did not warrant an addition, and that amounts arising from delayed credit notes-which were subsequently offered to tax in a later year-should not be charged again by the AO as this would result in double taxation. Case-Laws Income Tax Thu, 23 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779773