https://www.taxtmi.com/caselaws?id=410390 The Tribunal allowed the revenue's appeal, remanding the matter back to the CIT(A) for fresh adjudication. The CIT(A) was directed to have the assessee produce the shareholders for examination to prove the genuineness of the transactions. The issue of deletion of Rs. 3 lakhs for commission was not specifically addressed in the Tribunal's order but is likely to be reconsidered during the reassessment process. The decision was made on 27/07/2021. en-us Tue, 27 Jul 2021 00:00:00 +0530 Sat, 31 Jul 2021 09:47:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410390 The Tribunal allowed the revenue's appeal, remanding the matter back to the CIT(A) for fresh adjudication. The CIT(A) was directed to have the assessee produce the shareholders for examination to prove the genuineness of the transactions. The issue of deletion of Rs. 3 lakhs for commission was not specifically addressed in the Tribunal's order but is likely to be reconsidered during the reassessment process. The decision was made on 27/07/2021. Case-Laws Income Tax Tue, 27 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410390