https://www.taxtmi.com/caselaws?id=419303 The tribunal upheld the estimation of brokerage income at 2% of cash transactions, rejecting appeals from both the assessee and revenue. It emphasized the necessity of corroborative evidence for additions based on third-party documents and affirmed the validity of proceedings under Section 153A of the Income Tax Act. Appeals for other assessment years were also dismissed based on the same reasoning. en-us Tue, 22 Feb 2022 00:00:00 +0530 Tue, 08 Mar 2022 09:00:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419303 The tribunal upheld the estimation of brokerage income at 2% of cash transactions, rejecting appeals from both the assessee and revenue. It emphasized the necessity of corroborative evidence for additions based on third-party documents and affirmed the validity of proceedings under Section 153A of the Income Tax Act. Appeals for other assessment years were also dismissed based on the same reasoning. Case-Laws Income Tax Tue, 22 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419303