2019 (1) TMI 1876 - SCH - Income Tax

Addition on account of undisclosed income as disclosed during the course of survey u/s. 133A - assessee contended that the firm is following Project Completion Method of accounting and the income would be offered to tax as and when the final sale deeds are registered - Commissioner of Income Tax (Appeals) deleted such addition which was confirmed by the Tribunal - as per HC no error in the view of the Tribunal - HELD THAT - SLP dismissed.

Summary

The Supreme Court of India dismissed the Special Leave Petition due to lack of grounds to entertain it. The delay was condoned, and any pending applications were disposed of.