https://www.taxtmi.com/caselaws?id=257702 The Tribunal upheld the CIT(A)'s decision in a tax case involving the appellant's business as a commission agent in transport services. The Tribunal found that the addition of receipts not shown by the assessee was unjustified and deleted the amount. Additionally, the Tribunal agreed with the CIT(A) that the non-deduction of TDS on payments made to tanker owners was not required, leading to the deletion of the disallowance. Consequently, the Revenue's appeal was dismissed, emphasizing the acceptance of the appellant's business nature and the inapplicability of TDS deduction requirements. en-us Wed, 17 Dec 2014 00:00:00 +0530 Fri, 20 Mar 2015 02:50:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257702 The Tribunal upheld the CIT(A)'s decision in a tax case involving the appellant's business as a commission agent in transport services. The Tribunal found that the addition of receipts not shown by the assessee was unjustified and deleted the amount. Additionally, the Tribunal agreed with the CIT(A) that the non-deduction of TDS on payments made to tanker owners was not required, leading to the deletion of the disallowance. Consequently, the Revenue's appeal was dismissed, emphasizing the acceptance of the appellant's business nature and the inapplicability of TDS deduction requirements. Case-Laws Income Tax Wed, 17 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257702