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Income Tax - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Addition u/s 68 - Estimation of rate of commission - brokerage ...

Income Tax

December 29, 2021

Addition u/s 68 - Estimation of rate of commission - brokerage rate on various bogus transactions - Inasmuch as the assessee accepted the commission at 0.6% by not preferring any appeal against the impugned order, we are not inclined to disturb the findings of the Ld. CIT(A) in this matter to the effect that the commission at 0.6% is appropriate. - AT

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