https://www.taxtmi.com/caselaws?id=218693 The Tribunal allowed the appeal for statistical purposes, directing the CIT(A) to re-adjudicate the issues concerning the estimation of profit, rejection of book results, and invocation of Section 40(a)(ia) of the Income Tax Act, 1961. The Tribunal emphasized the need to examine the agreements and terms of payment between the Association of Persons and its members to determine the applicability of relevant sections. The case was remanded for further consideration in accordance with the Tribunal's directions. en-us Fri, 20 Jan 2012 00:00:00 +0530 Fri, 23 Nov 2012 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218693 The Tribunal allowed the appeal for statistical purposes, directing the CIT(A) to re-adjudicate the issues concerning the estimation of profit, rejection of book results, and invocation of Section 40(a)(ia) of the Income Tax Act, 1961. The Tribunal emphasized the need to examine the agreements and terms of payment between the Association of Persons and its members to determine the applicability of relevant sections. The case was remanded for further consideration in accordance with the Tribunal's directions. Case-Laws Income Tax Fri, 20 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218693