https://www.taxtmi.com/caselaws?id=356170 The Tribunal upheld the CIT(A)'s decision to add a 3% commission on total accommodation entries to the assessee's income for A.Y. 2010-11. Despite the assessee's argument that the estimation was high compared to previous years, the Tribunal found it reasonable given the nature of the business and the admission of illegality by the assessee. The Tribunal emphasized the importance of the assessee's admission of involvement in providing accommodation entries and dismissed the appeal, affirming the addition made by the AO. en-us Wed, 21 Feb 2018 00:00:00 +0530 Mon, 26 Feb 2018 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356170 The Tribunal upheld the CIT(A)'s decision to add a 3% commission on total accommodation entries to the assessee's income for A.Y. 2010-11. Despite the assessee's argument that the estimation was high compared to previous years, the Tribunal found it reasonable given the nature of the business and the admission of illegality by the assessee. The Tribunal emphasized the importance of the assessee's admission of involvement in providing accommodation entries and dismissed the appeal, affirming the addition made by the AO. Case-Laws Income Tax Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356170