https://www.taxtmi.com/caselaws?id=439029 The Tribunal partly allowed the appeals for the assessment years 2011-12 to 2016-17, directing that 0.25% of the total deposits in the bank accounts should be considered as commission income. For the assessment year 2017-18, the appeal was partly allowed for statistical purposes, with the issue of telescoping benefit being restored to the CIT(A) for verification. The Tribunal emphasized the importance of identifying beneficiaries and maintaining complete records to substantiate the commission income claimed by the assessee. en-us Tue, 29 Nov 2022 00:00:00 +0530 Tue, 13 Jun 2023 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439029 The Tribunal partly allowed the appeals for the assessment years 2011-12 to 2016-17, directing that 0.25% of the total deposits in the bank accounts should be considered as commission income. For the assessment year 2017-18, the appeal was partly allowed for statistical purposes, with the issue of telescoping benefit being restored to the CIT(A) for verification. The Tribunal emphasized the importance of identifying beneficiaries and maintaining complete records to substantiate the commission income claimed by the assessee. Case-Laws Income Tax Tue, 29 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439029