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2019 (9) TMI 1002 - AT - Income TaxRectification u/s 254 - taxability of retention money - HELD THAT:- After considering the application for rectification and arguments of both sides, we agree that a mistake apparent on record crept into the order of the ITAT which requires rectification on the issue of taxability of retention money for the AY 2008-09 and for AY 2009-10. The mistake was that the ITAT was under the wrong impression that this ground on taxability of retention money did not come in both these years. In view of the above the relief granted for AY 2007-08, on the issue of retention money being brought to tax has also to be granted for the AY 2008-09 and AY 2009-10. Retention money cannot be brought to tax in any of the years. Ordered accordingly.
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