https://www.taxtmi.com/caselaws?id=766059 Accommodation-entry commission income was examined on the question whether turnover should be taxed at 1% or 0.15%. The Tribunal followed its coordinate bench ruling in the assessee's own earlier year, held that 0.15% was the appropriate commission rate on such turnover, and restricted the addition accordingly. The same reasoning was applied to the present appeals because the facts were identical, resulting in relief to the assessee on the rate applied to the alleged accommodation entry business. en-us Thu, 13 Feb 2025 00:00:00 +0530 Mon, 17 Feb 2025 08:48:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766059 Accommodation-entry commission income was examined on the question whether turnover should be taxed at 1% or 0.15%. The Tribunal followed its coordinate bench ruling in the assessee's own earlier year, held that 0.15% was the appropriate commission rate on such turnover, and restricted the addition accordingly. The same reasoning was applied to the present appeals because the facts were identical, resulting in relief to the assessee on the rate applied to the alleged accommodation entry business. Case-Laws Income Tax Thu, 13 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766059