https://www.taxtmi.com/caselaws?id=385726 The Appellate Tribunal directed the Assessing Officer to adopt a lower commission rate for accommodation entries, emphasizing reasonableness and consistency. It instructed excluding intra-group entries and remanded for reassessment. The Tribunal stressed the importance of proper documentation for share transactions' genuineness and reevaluated transfers to group companies. Consistency in commission rate determination was emphasized, and the Tribunal directed a reevaluation of additions based on AIR information for share transactions. en-us Mon, 22 Jul 2019 00:00:00 +0530 Wed, 11 Sep 2019 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385726 The Appellate Tribunal directed the Assessing Officer to adopt a lower commission rate for accommodation entries, emphasizing reasonableness and consistency. It instructed excluding intra-group entries and remanded for reassessment. The Tribunal stressed the importance of proper documentation for share transactions' genuineness and reevaluated transfers to group companies. Consistency in commission rate determination was emphasized, and the Tribunal directed a reevaluation of additions based on AIR information for share transactions. Case-Laws Income Tax Mon, 22 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385726