https://www.taxtmi.com/caselaws?id=423673 The Appellate Tribunal partially allowed the appeals of the Assessing Officer, reversing the decision on the allowance of expenses incurred for earning commission income and loose papers, as expenses related to hawala business are not deductible under Section 37. The Tribunal upheld the deletion of additions of undisclosed income based on incriminating material found during search, as the material was not relevant to the assessment years in question. en-us Thu, 09 Jun 2022 00:00:00 +0530 Fri, 10 Jun 2022 22:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423673 The Appellate Tribunal partially allowed the appeals of the Assessing Officer, reversing the decision on the allowance of expenses incurred for earning commission income and loose papers, as expenses related to hawala business are not deductible under Section 37. The Tribunal upheld the deletion of additions of undisclosed income based on incriminating material found during search, as the material was not relevant to the assessment years in question. Case-Laws Income Tax Thu, 09 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423673