Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1988 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1988 (4) TMI 121 - ITAT HYDERABAD-BExtract: ....... 68,757 would amount to double assessment cancelling or with regard to the said amount of Rs. 8,619 which is forbidden under law. Therefore, under no circumstances this amount of Rs. 8,619 is taxable. Thus the remaining amount of Rs. 60,138 according to us, is not taxable for the reasons given in the above paras. Hence, the appeal is fully allowed.
|