https://www.taxtmi.com/caselaws?id=362264 The Tribunal partially allowed the appeal, directing further examination on the issues of commission addition, rent expenses, and total income difference. The interest levy and penalty proceedings were not addressed at that stage. The Tribunal found discrepancies in transactions related to commission income, lack of evidence of actual goods movement, and lack of proof of rent expenses payment. The Assessing Officer was instructed to conduct a deeper probe and provide the assessee with opportunities to substantiate expenses and reconcile income differences. en-us Wed, 20 Jun 2018 00:00:00 +0530 Fri, 22 Jun 2018 08:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362264 The Tribunal partially allowed the appeal, directing further examination on the issues of commission addition, rent expenses, and total income difference. The interest levy and penalty proceedings were not addressed at that stage. The Tribunal found discrepancies in transactions related to commission income, lack of evidence of actual goods movement, and lack of proof of rent expenses payment. The Assessing Officer was instructed to conduct a deeper probe and provide the assessee with opportunities to substantiate expenses and reconcile income differences. Case-Laws Income Tax Wed, 20 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362264