https://www.taxtmi.com/caselaws?id=433796 The Tribunal allowed the appeal filed by the Revenue Department, reversing the decision in their favor. The addition of income under sections 69A and 115BBE was deleted based on the Assessee's valid claim of bad debt related to commission on flats sold. The Tribunal emphasized the need for a thorough examination of transactional details and placed the onus of proof on the Assessee, directing further investigation by the Assessing Officer. en-us Wed, 01 Feb 2023 00:00:00 +0530 Thu, 09 Feb 2023 10:00:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433796 The Tribunal allowed the appeal filed by the Revenue Department, reversing the decision in their favor. The addition of income under sections 69A and 115BBE was deleted based on the Assessee's valid claim of bad debt related to commission on flats sold. The Tribunal emphasized the need for a thorough examination of transactional details and placed the onus of proof on the Assessee, directing further investigation by the Assessing Officer. Case-Laws Income Tax Wed, 01 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433796