https://www.taxtmi.com/caselaws?id=456283 The appellate tribunal partially allowed the appeal, directing the Assessing Officer to adjust the commission income estimation from 2% to 0.5% of the deposits, based on the precedent set by the Kolkata 'A' Bench. The decision underscores the necessity of substantial evidence to challenge assessments and highlights the importance of precedent in ensuring consistent and fair income determinations. en-us Fri, 15 Mar 2019 00:00:00 +0530 Sat, 13 Jul 2024 08:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456283 The appellate tribunal partially allowed the appeal, directing the Assessing Officer to adjust the commission income estimation from 2% to 0.5% of the deposits, based on the precedent set by the Kolkata 'A' Bench. The decision underscores the necessity of substantial evidence to challenge assessments and highlights the importance of precedent in ensuring consistent and fair income determinations. Case-Laws Income Tax Fri, 15 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456283