https://www.taxtmi.com/caselaws?id=460912 The Appellate Tribunal upheld the deletion of the protective addition of unexplained cash credits, rejecting the revenue's appeal on this issue. However, it reversed the CIT(A)'s decision on commission income, directing an addition at 0.47% of the turnover of accommodation entries, based on evidence from a search operation. The Tribunal's decision for the assessment year 2012-13 applied to subsequent years 2013-14 to 2016-17. The revenue's appeals were partly allowed, while the assessee's cross objections were dismissed. en-us Fri, 21 Jul 2023 00:00:00 +0530 Sat, 01 Mar 2025 14:25:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460912 The Appellate Tribunal upheld the deletion of the protective addition of unexplained cash credits, rejecting the revenue's appeal on this issue. However, it reversed the CIT(A)'s decision on commission income, directing an addition at 0.47% of the turnover of accommodation entries, based on evidence from a search operation. The Tribunal's decision for the assessment year 2012-13 applied to subsequent years 2013-14 to 2016-17. The revenue's appeals were partly allowed, while the assessee's cross objections were dismissed. Case-Laws Income Tax Fri, 21 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460912