https://www.taxtmi.com/caselaws?id=282666 The Tribunal allowed the appeals, deleting the additions made by the AO regarding the business losses and related commission expenses. The Tribunal emphasized the need for specific evidence to substantiate claims of bogus transactions and found that the assessees' documentation was sufficient to support their claims. The detailed judicial precedents and principles of human probabilities played a crucial role in the Tribunal's decision. en-us Wed, 03 Apr 2019 00:00:00 +0530 Sun, 18 Aug 2019 08:32:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282666 The Tribunal allowed the appeals, deleting the additions made by the AO regarding the business losses and related commission expenses. The Tribunal emphasized the need for specific evidence to substantiate claims of bogus transactions and found that the assessees' documentation was sufficient to support their claims. The detailed judicial precedents and principles of human probabilities played a crucial role in the Tribunal's decision. Case-Laws Income Tax Wed, 03 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282666