https://www.taxtmi.com/caselaws?id=434662 The Tribunal dismissed the appeal, upholding the disallowances of brokerage commissions exceeding 2% of the sale value of flats and for land purchase, citing lack of evidence and adherence to standard practices. The delay in filing the appeal was condoned due to a statutory extension. The alleged violation of natural justice was not substantiated during the hearing and was dismissed. The decision emphasized the necessity of providing credible evidence for expenses and following accepted business norms. en-us Mon, 27 Feb 2023 00:00:00 +0530 Wed, 01 Mar 2023 08:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434662 The Tribunal dismissed the appeal, upholding the disallowances of brokerage commissions exceeding 2% of the sale value of flats and for land purchase, citing lack of evidence and adherence to standard practices. The delay in filing the appeal was condoned due to a statutory extension. The alleged violation of natural justice was not substantiated during the hearing and was dismissed. The decision emphasized the necessity of providing credible evidence for expenses and following accepted business norms. Case-Laws Income Tax Mon, 27 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434662