Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (1) TMI 1407 - AT - Income TaxAddition on account of provisions for unrealized surcharge levied on account of delay in payment of bills - accrual of income - Held that:- The books of accounts of the assessee are regularly audited by the CAG and Tax auditors and the same has been duly accepted them. We further find that the case laws cited by the Ld. DR in the written submissions are on different set of facts and circumstances, hence, the same are not applicable in the present case. The assessee’s case is fully covered by the Coordinate Bench decisions of the Tribunal in assessee’s own case of assessment years 2006-07 to 2008-09 [2012 (2) TMI 563 - ITAT DELHI] and [2012 (7) TMI 340 - ITAT, DELHI]. In view of the above, we are of the considered view that CIT(A) has rightly deleted the addition in dispute by respectfully following the decision of the previous CIT(A) as well as the ITAT decisions in assessee’s own case of assessment years 2006-07 to 2008-09, hence, the impugned order does not need any interference on our part, therefore, we uphold the action of the Ld. CIT(A) on the issue in dispute and reject the ground raised by the Revenue.
|