https://www.taxtmi.com/caselaws?id=423709 The Tribunal allowed the appeal on merits, deleting all additions made in the hands of the assessee, including protective additions of alleged commission income and gross profit on estimation basis. The Tribunal emphasized consistency with earlier decisions and directed the Assessing Officer to remove the disputed additions. The issue regarding the legality and validity of reassessment proceedings was not addressed, leaving it unresolved. The Tribunal's decision benefitted the assessee, with all appeals being allowed based on the lead case's precedent. en-us Thu, 09 Jun 2022 00:00:00 +0530 Sat, 11 Jun 2022 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423709 The Tribunal allowed the appeal on merits, deleting all additions made in the hands of the assessee, including protective additions of alleged commission income and gross profit on estimation basis. The Tribunal emphasized consistency with earlier decisions and directed the Assessing Officer to remove the disputed additions. The issue regarding the legality and validity of reassessment proceedings was not addressed, leaving it unresolved. The Tribunal's decision benefitted the assessee, with all appeals being allowed based on the lead case's precedent. Case-Laws Income Tax Thu, 09 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423709