https://www.taxtmi.com/caselaws?id=34197 The High Court affirmed the Tribunal's decision, ruling in favor of the revenue authorities. It upheld the assessment of commission income at a 5% rate on undisclosed turnover, based on seized documents confirming commission-based sales. The Court emphasized the need for case-specific assessments and found the commission rate reasonable, dismissing the appeal as no substantial legal issue arose. en-us Thu, 02 Jul 2009 00:00:00 +0530 Fri, 03 Sep 2010 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34197 The High Court affirmed the Tribunal's decision, ruling in favor of the revenue authorities. It upheld the assessment of commission income at a 5% rate on undisclosed turnover, based on seized documents confirming commission-based sales. The Court emphasized the need for case-specific assessments and found the commission rate reasonable, dismissing the appeal as no substantial legal issue arose. Case-Laws Income Tax Thu, 02 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34197