https://www.taxtmi.com/caselaws?id=244568 The Tribunal upheld the CIT (A)'s decisions on both issues. Regarding the deletion of Rs.11,23,263/- for commission expenses, it was found that the payments were justified for business purposes and in line with prevalent business trends. The Tribunal agreed that objections were based on nomenclature rather than facts. Concerning the deletion of Rs.16,87,432/- for short term capital gain, it was clarified that the amount was directly paid to the builder and not routed through the assessee, impacting tax calculations. The Tribunal dismissed the revenue's appeal, affirming the CIT (A)'s orders on both issues. en-us Fri, 21 Feb 2014 00:00:00 +0530 Sat, 01 Mar 2014 11:28:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244568 The Tribunal upheld the CIT (A)'s decisions on both issues. Regarding the deletion of Rs.11,23,263/- for commission expenses, it was found that the payments were justified for business purposes and in line with prevalent business trends. The Tribunal agreed that objections were based on nomenclature rather than facts. Concerning the deletion of Rs.16,87,432/- for short term capital gain, it was clarified that the amount was directly paid to the builder and not routed through the assessee, impacting tax calculations. The Tribunal dismissed the revenue's appeal, affirming the CIT (A)'s orders on both issues. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244568