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![No Addition since Assessee Refunded the Advances received from Property Buyers for Breach of Contract: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Refund-Taxscan.jpg "No Addition since Assessee Refunded the Advances received from Property Buyers for Breach of Contract: ITAT [Read Order]")
No Addition since Assessee Refunded the Advances received from Property Buyers for Breach of Contract: ITAT [Read Order]
The Income Tax Appellate Tribunal bench comprising V. Durga Rao (judicial member) & D.S. Sunder Singh (accountant member) has held that no...