Same income cannot be taxed twice

IN THE ITAT CHENNAI BENCH ‘D’ (Third Member) R. Natarajan V/s. Assistant Commissioner of Income-tax IT APPEAL NO. 1058 (MDS.) OF 2010 – [ASSESSMENT YEAR 2007-08] JANUARY 23, 2012 ORDER Abraham P. George, Accountant Member – This appeal is filed by the assessee against the order of the Commissioner of Income Tax (Appeals)-VI, Chennai, for the impugned assessment year. The grounds raised by the assessee are reproduced as under:- The appellant at the time of filing the return for the assessment year 2007-08, in addition to the regular income also admitted...