https://www.taxtmi.com/caselaws?id=363636 The Tribunal partly allowed the assessee's appeal for the Assessment Year 2006-07. It overturned the disallowance of commission expenses amounting to Rs. 96,82,058/-, emphasizing that statements made during surveys under section 133A without corroborative evidence lack evidentiary value. The Tribunal found the addition unjustified as the assessee was not given the opportunity to cross-examine the third party whose statement was used against them. Other grounds challenging ad hoc disallowance of various expenses were dismissed as not pressed. The order was pronounced on July 11, 2018. en-us Wed, 11 Jul 2018 00:00:00 +0530 Mon, 16 Jul 2018 08:08:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363636 The Tribunal partly allowed the assessee's appeal for the Assessment Year 2006-07. It overturned the disallowance of commission expenses amounting to Rs. 96,82,058/-, emphasizing that statements made during surveys under section 133A without corroborative evidence lack evidentiary value. The Tribunal found the addition unjustified as the assessee was not given the opportunity to cross-examine the third party whose statement was used against them. Other grounds challenging ad hoc disallowance of various expenses were dismissed as not pressed. The order was pronounced on July 11, 2018. Case-Laws Income Tax Wed, 11 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363636