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2004 (11) TMI 79 - ALLAHABAD HIGH COURTAppellant claims itself to be acting as commission agent - Income-tax Officer treated the appellant as a trader and not a commission agent - Addition regarding investment and profit was made to the declared income - Tribunal held that the assessee had failed to bring out any evidence that the transactions in question were not done by it, but the transactions were conducted on commission basis and, therefore, the Commissioner of Income-tax (Appeals) was not justified to observe that the appellant should be treated as conducting all the transactions on commission basis without any material brought on record by the appellant – no infirmity in tribunal’s order – This assessee’s appeal does not raise any question of law and is dismissed in limine.
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