https://www.taxtmi.com/caselaws?id=327657 The tribunal upheld the CIT(A)'s decision on the estimation of the commission rate earned by the assessee on accommodation cheques at 3%, considering seized materials and expenses. Protective additions related to transactions with G.R. Pandya Shares and Securities Ltd. and T.H. Vakil Shares and Securities Pvt. Ltd. were confirmed for the respective assessment years, with detailed reasoning provided by the authorities. The tribunal dismissed all appeals, affirming the CIT(A)'s decisions on both issues. en-us Wed, 06 Apr 2016 00:00:00 +0530 Fri, 13 May 2016 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327657 The tribunal upheld the CIT(A)'s decision on the estimation of the commission rate earned by the assessee on accommodation cheques at 3%, considering seized materials and expenses. Protective additions related to transactions with G.R. Pandya Shares and Securities Ltd. and T.H. Vakil Shares and Securities Pvt. Ltd. were confirmed for the respective assessment years, with detailed reasoning provided by the authorities. The tribunal dismissed all appeals, affirming the CIT(A)'s decisions on both issues. Case-Laws Income Tax Wed, 06 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327657