https://www.taxtmi.com/caselaws?id=752711 The Tribunal allowed the appeal, overturning the CIT(A)'s decision, and held that the addition of Rs. 18,81,500/- to the assessee's income was unjustified. It determined that once the business was accepted as commission income, disputing the profit under Section 44AD was unwarranted, thus supporting the assessee's position on business receipts and application of Section 44AD. en-us Tue, 14 May 2024 00:00:00 +0530 Thu, 16 May 2024 08:23:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752711 The Tribunal allowed the appeal, overturning the CIT(A)'s decision, and held that the addition of Rs. 18,81,500/- to the assessee's income was unjustified. It determined that once the business was accepted as commission income, disputing the profit under Section 44AD was unwarranted, thus supporting the assessee's position on business receipts and application of Section 44AD. Case-Laws Income Tax Tue, 14 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752711