2022 (10) TMI 664

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.... Adv., Mr. Harshal Kulkarni, Adv. And Mr. Bhaskar Y. Kulkarni, AOR For the Respondent(s) : Mr. Arijit Prasad, Sr. Adv., Ms. Gargi Khanna, Adv., Mr. Shashank, Adv., Mr. Prashant Singh, Adv., Mr. Siddhartha Sinha, Adv., Mr. T. Sharma, Adv., Mr. Shivam S., Adv., Ms. Swati Prakash, Adv., Mr. Raj Bahadur Yadav, AOR And Mr. Abhishek Singh, Adv. ORDER The findings of fact recorded by the assessi....

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....members was refunded to the appellant, albeit this amount has not been brought to tax as income of the appellant, but another amount of Rs. 29,11,000/- (Rupees Twenty Nine Lakh and Eleven Thousand Only) received statedly as compensation by the assessee has been brought to tax as income from other sources. In view of the factual background, we do not find any justification and reason to hold that t....