https://www.taxtmi.com/caselaws?id=406618 The Tribunal dismissed the revenue's appeal and partly allowed the assessee's appeal. The Tribunal affirmed the deletion of the addition related to pass-through income and reversed the disallowance of business expenses and the addition of the unconfirmed creditor. However, the disallowance of the commission payment was upheld. The Tribunal directed the AO to verify the discharge of liability in subsequent periods and delete the addition if settled, aligning with the decision from the previous assessment year. en-us Fri, 16 Apr 2021 00:00:00 +0530 Sat, 17 Apr 2021 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406618 The Tribunal dismissed the revenue's appeal and partly allowed the assessee's appeal. The Tribunal affirmed the deletion of the addition related to pass-through income and reversed the disallowance of business expenses and the addition of the unconfirmed creditor. However, the disallowance of the commission payment was upheld. The Tribunal directed the AO to verify the discharge of liability in subsequent periods and delete the addition if settled, aligning with the decision from the previous assessment year. Case-Laws Income Tax Fri, 16 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406618