https://www.taxtmi.com/caselaws?id=289991 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 7,09,10,967 under the head "brokerage and commission." The Tribunal found that the Assessing Officer's findings were based on presumptions without concrete evidence, and the CIT(A) correctly interpreted the role of agents. The Tribunal concluded that the expenses incurred were legitimate business decisions within the prerogative of the business owner. The appeal by the revenue was dismissed, and the deletion of the amount in question was upheld. en-us Thu, 31 Aug 2017 00:00:00 +0530 Thu, 03 Sep 2020 09:23:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289991 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 7,09,10,967 under the head "brokerage and commission." The Tribunal found that the Assessing Officer's findings were based on presumptions without concrete evidence, and the CIT(A) correctly interpreted the role of agents. The Tribunal concluded that the expenses incurred were legitimate business decisions within the prerogative of the business owner. The appeal by the revenue was dismissed, and the deletion of the amount in question was upheld. Case-Laws Income Tax Thu, 31 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289991