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Income Tax - Highlights / Catch Notes

Home Highlights November 2021 Year 2021 This

Addition u/s 68 - addition of commission income as “un-explained ...

Income Tax

November 29, 2021

Addition u/s 68 - addition of commission income as “un-explained cash credits” - We decline the Revenue’s instant last adjustment as well since not only all the impugned commission payments have been subjected to TDS by the concerned payer but also it has come on record that latter; on its own, had very well confirmed before the Assessing Officer qua sales & marketing arrangement with the taxpayer - AT

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