https://www.taxtmi.com/caselaws?id=368530 The Tribunal partially allowed the appeal for AY 2009-10, adding an estimated profit element of 12.5% of alleged bogus purchases to the income while deleting the remaining additions. For AY 2011-12, the appeal was allowed for statistical purposes, with the Tribunal remitting the Commission Expenditure issue back to the AO for re-adjudication and restoring the Disallowance u/s 28(iv) issue for further examination. The judgment provided a comprehensive analysis of the legal and factual aspects of the case, addressing each issue raised by the assessee. en-us Fri, 05 Oct 2018 00:00:00 +0530 Wed, 10 Oct 2018 09:09:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368530 The Tribunal partially allowed the appeal for AY 2009-10, adding an estimated profit element of 12.5% of alleged bogus purchases to the income while deleting the remaining additions. For AY 2011-12, the appeal was allowed for statistical purposes, with the Tribunal remitting the Commission Expenditure issue back to the AO for re-adjudication and restoring the Disallowance u/s 28(iv) issue for further examination. The judgment provided a comprehensive analysis of the legal and factual aspects of the case, addressing each issue raised by the assessee. Case-Laws Income Tax Fri, 05 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368530