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Income Tax - Highlights / Catch Notes

Home Highlights January 2021 Year 2021 This

Addition on account of commission income for obtaining ...


Commission Income Addition Requires More Than Presumption; Family Statements Insufficient Evidence Before Settlement Commission.

January 18, 2021

Case Laws     Income Tax     AT

Addition on account of commission income for obtaining accommodation entries - addition cannot be made merely on the presumption that family concerns have admitted providing accommodation entries in their statement of facts before the Settlement Commission. - AT

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