https://www.taxtmi.com/caselaws?id=438248 The Tribunal allowed the appeal filed by the assessee, deleting the addition of Rs. 2,34,91,839/- as unexplained expenditure under section 69C of the Income Tax Act, 1961. The Tribunal upheld the genuineness of the commission payments, emphasizing the principle of consistency and procedural fairness in tax assessments. The Tribunal criticized the Assessing Officer for not providing an opportunity for cross-examination and for disregarding the evidence supporting the source of expenditure. en-us Tue, 23 May 2023 00:00:00 +0530 Fri, 26 May 2023 08:25:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438248 The Tribunal allowed the appeal filed by the assessee, deleting the addition of Rs. 2,34,91,839/- as unexplained expenditure under section 69C of the Income Tax Act, 1961. The Tribunal upheld the genuineness of the commission payments, emphasizing the principle of consistency and procedural fairness in tax assessments. The Tribunal criticized the Assessing Officer for not providing an opportunity for cross-examination and for disregarding the evidence supporting the source of expenditure. Case-Laws Income Tax Tue, 23 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438248