https://www.taxtmi.com/caselaws?id=410852 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 4,05,53,574/- on account of bogus sales and the assumption of commission income of Rs. 1,01,400/-. The Tribunal found that the AO's additions lacked corroborative evidence, and the assessee had provided sufficient documentation proving the genuineness of the transactions. The Tribunal dismissed the Revenue's appeal, emphasizing that the sales and purchases were properly recorded in the books and no additional unaccounted income was generated. en-us Tue, 10 Aug 2021 00:00:00 +0530 Wed, 11 Aug 2021 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410852 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 4,05,53,574/- on account of bogus sales and the assumption of commission income of Rs. 1,01,400/-. The Tribunal found that the AO's additions lacked corroborative evidence, and the assessee had provided sufficient documentation proving the genuineness of the transactions. The Tribunal dismissed the Revenue's appeal, emphasizing that the sales and purchases were properly recorded in the books and no additional unaccounted income was generated. Case-Laws Income Tax Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410852