TMI Blog2023 (3) TMI 1364X X X X Extracts X X X X X X X X Extracts X X X X ..... rning a commission margin @ 0.55% to 12.16% per unit on butter milk to paneer HELD THAT:- Since, the assessee only a commission agent and earns margin as prescribed in Gujarat Milk Cooperative Federation rules as reflected in column 5 above , we hold that the penalty levied u/s 271B obliterated. Appeal of the assessee is allowed. - ITA No. 916/Del/2022 - - - Dated:- 3-3-2023 - Dr. B. R. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... irtue of an agreement the appellant was to be remunerated with nominal fixed commission. 3. That the penalty appealable was deserved to kept in abeyance where the request was made that in quantum's appeal is mainly on the same issue that the appellant was only a mediator in respect of receipt appearing in Bank account. Further the principal concern had also confirmed such facts. 4. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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