https://www.taxtmi.com/caselaws?id=274592 The Tribunal upheld the determination of hawala income at 1% of total turnover for the assessment years 1996-97, 1997-98, and 1998-99. The plea to exclude turnover related to sister concerns for computing commission income was rejected as it was raised belatedly and beyond the scope of previous proceedings. The Tribunal dismissed the appeals on 4th April 2014, affirming the income estimation method and denying the exclusion of sister concern turnover. en-us Fri, 04 Apr 2014 00:00:00 +0530 Fri, 24 Aug 2018 02:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274592 The Tribunal upheld the determination of hawala income at 1% of total turnover for the assessment years 1996-97, 1997-98, and 1998-99. The plea to exclude turnover related to sister concerns for computing commission income was rejected as it was raised belatedly and beyond the scope of previous proceedings. The Tribunal dismissed the appeals on 4th April 2014, affirming the income estimation method and denying the exclusion of sister concern turnover. Case-Laws Income Tax Fri, 04 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274592