https://www.taxtmi.com/caselaws?id=458612 The Tribunal annulled the assessment made by the AO under sections 143(3)/147 of the Income Tax Act, 1961, due to invalid mechanical approval for reopening. Additionally, the Tribunal favored the assessee regarding the addition of income from commission on accommodation entries, upholding the reduction by Ld. CIT(A) from 1% to 0.5%, and ultimately ruling in favor of the assessee. en-us Fri, 21 Feb 2020 00:00:00 +0530 Fri, 08 Nov 2024 19:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458612 The Tribunal annulled the assessment made by the AO under sections 143(3)/147 of the Income Tax Act, 1961, due to invalid mechanical approval for reopening. Additionally, the Tribunal favored the assessee regarding the addition of income from commission on accommodation entries, upholding the reduction by Ld. CIT(A) from 1% to 0.5%, and ultimately ruling in favor of the assessee. Case-Laws Income Tax Fri, 21 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458612