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TMI Blog2018 (9) TMI 803X X X X Extracts X X X X X X X X Extracts X X X X ..... ous turnover from which she earned sizeable commission. She had employed several employees for booking the tickets and looking after the financial transactions. She had several customers for whom she would make such bookings. The commission was paid by the Airlines through the banking channel. There was thus no cash element or scope of any cash transactions. She was maintaining her books of acc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1099 of 2018 With R/TAX APPEAL No. 1101 of 2018 With R/TAX APPEAL No. 1103 of 2018 - - - Dated:- 10-9-2018 - MR AKIL KURESHI AND MR B.N. KARIA, JJ. For The PETITIONER : Mrs MAUNA M BHATT, Advocate COMMON ORDER ( PER : HONOURABLE Mr. JUSTICE AKIL KURESHI) These Tax Appeals filed by the Revenue give rise to similar question, in a similar background. We may, theref ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s. Shree Divya Travels which is engaged in providing travel related services; including booking of air tickets for the clients. The Assessing Officer during the scrutiny assessment made addition of ₹ 5.10 Crores [rounded off] in the income of assessee with an aid of Section 68 of the Income-tax Act, 1961 [ the Act for short], out of which ₹ 36.50 lakhs was relateable to disclosures ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e had employed several employees for booking the tickets and looking after the financial transactions. She had several customers for whom she would make such bookings. The commission was paid by the Airlines through the banking channel. There was thus no cash element or scope of any cash transactions. She was maintaining her books of account which were duly audited. During the survey, the Revenue ..... X X X X Extracts X X X X X X X X Extracts X X X X
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