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2021 (4) TMI 205 - AT - Income TaxAccrual of income - addition on a/c of space rent income on the basis of disclosure in Notes to Accounts of the assessee - HELD THAT:- As decided in INDIA TRADE PROMOTION ORGANISATION [2019 (9) TMI 661 - ITAT DELHI] we are of the considered view that when income on account of space rent has not been accrued, as in the instant case due to dispute, there cannot be any rent even though entry in the books of account have been made on account of notional income. So, when the income would be received its taxability can be examined by the Revenue. Revenue has not brought on record any document if the dispute between the parties qua the space rent has been resolved. So, in these circumstances, we are of the considered view that there is no illegality or perversity in the findings returned by the ld. CIT (A) - Decided against revenue
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