https://www.taxtmi.com/caselaws?id=70784 The Tribunal allowed the appeal, ruling in favor of the assessee. It held that the disallowance of commission paid and the addition due to income discrepancy were not justified as they did not constitute undisclosed income under Chapter XIV-B of the Income-tax Act. The Tribunal emphasized that disclosed income or expenditure cannot be treated as undisclosed income under section 158B, ultimately leading to the deletion of both disputed amounts from the assessment. en-us Mon, 09 Aug 1999 00:00:00 +0530 Tue, 19 Apr 2011 12:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70784 The Tribunal allowed the appeal, ruling in favor of the assessee. It held that the disallowance of commission paid and the addition due to income discrepancy were not justified as they did not constitute undisclosed income under Chapter XIV-B of the Income-tax Act. The Tribunal emphasized that disclosed income or expenditure cannot be treated as undisclosed income under section 158B, ultimately leading to the deletion of both disputed amounts from the assessment. Case-Laws Income Tax Mon, 09 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70784