2017 (5) TMI 782

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..... M 47013/2016 (exemption) in ITA 929/2016 CM 47014/2016 (exemption) in ITA 930/2016 Allowed, subject to all just exceptions. ITA 929/2016 ITA 930/2016 ITA 931/2016 1. On 24th January, 2017 while admitting these appeals, the following question of law was framed: "Did the IT AT fall into error in upholding the reduction of gross commission from 5.67% to 2%, calculated by the CIT (A), in the c .....

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..... ior Standing Counsel appearing for the Revenue at length and has examined the orders of the AO, the CIT (A) and the ITAT. 5. It is seen that the ITAT in the impugned order has while affirming the order of the CIT (A) given detailed reasons. Although Mr. Shivpuri sought to persuade this Court that the said reasoning by the ITAT was perverse, the Court is not so persuaded to agree. Amongst the reas .....

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