https://www.taxtmi.com/caselaws?id=383006 The Tribunal set aside the CIT(A)'s decision and allowed the assessee's appeal regarding the addition made by the AO for commission payments to M/s. Wise Agencies Pvt. Ltd. The Tribunal found that the evidence provided by the assessee contradicted the findings of the AO and CIT(A) regarding the transactions' genuineness. Emphasizing the importance of thorough examination of evidence, the Tribunal concluded that the addition was not justified, referencing precedents where payments made through banking channels with TDS deductions and supporting documentation were deemed genuine. The appeal was allowed, and the addition to the total income was deleted. en-us Wed, 10 Jul 2019 00:00:00 +0530 Sat, 13 Jul 2019 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383006 The Tribunal set aside the CIT(A)'s decision and allowed the assessee's appeal regarding the addition made by the AO for commission payments to M/s. Wise Agencies Pvt. Ltd. The Tribunal found that the evidence provided by the assessee contradicted the findings of the AO and CIT(A) regarding the transactions' genuineness. Emphasizing the importance of thorough examination of evidence, the Tribunal concluded that the addition was not justified, referencing precedents where payments made through banking channels with TDS deductions and supporting documentation were deemed genuine. The appeal was allowed, and the addition to the total income was deleted. Case-Laws Income Tax Wed, 10 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383006