https://www.taxtmi.com/caselaws?id=238780 The High Court upheld the Assessing Officer's decision to allow only 1% as commission payments, setting aside the appellate authority's increase to 2.5% due to lack of substantial evidence. The Court confirmed the deletion of most unproved loan credits except for a minimal amount, based on credible evidence provided by the assessee. Additionally, the Court found that the acceptance of additional documents at the appellate stage did not violate Rule 46A, as the appellate authority was convinced of their genuineness. en-us Tue, 22 Oct 2013 00:00:00 +0530 Thu, 31 Oct 2013 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238780 The High Court upheld the Assessing Officer's decision to allow only 1% as commission payments, setting aside the appellate authority's increase to 2.5% due to lack of substantial evidence. The Court confirmed the deletion of most unproved loan credits except for a minimal amount, based on credible evidence provided by the assessee. Additionally, the Court found that the acceptance of additional documents at the appellate stage did not violate Rule 46A, as the appellate authority was convinced of their genuineness. Case-Laws Income Tax Tue, 22 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238780