https://www.taxtmi.com/caselaws?id=767375 The ITAT Delhi dismissed revenue appeals concerning additions for suppressed sales and inflated commission expenditure. The CIT(A) had deleted additions for alleged suppression of sales based on differences between ticket sales per books and other parameters. ITAT held that electronic sales receipts cannot be received in separate bank accounts, IATA data was never provided to assessee, and ADM represents expenses not income. The AO relied solely on appraisal reports without independent investigation or providing computation methods. Regarding commission disallowance, ITAT found no evidence of bogus payments to related parties, noting commission rates vary based on volume and are company's prerogative if genuine. The AO failed to justify arm's length rates of 10% or provide basis for excessive commission determination. en-us Wed, 12 Mar 2025 00:00:00 +0530 Mon, 17 Mar 2025 07:42:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767375 The ITAT Delhi dismissed revenue appeals concerning additions for suppressed sales and inflated commission expenditure. The CIT(A) had deleted additions for alleged suppression of sales based on differences between ticket sales per books and other parameters. ITAT held that electronic sales receipts cannot be received in separate bank accounts, IATA data was never provided to assessee, and ADM represents expenses not income. The AO relied solely on appraisal reports without independent investigation or providing computation methods. Regarding commission disallowance, ITAT found no evidence of bogus payments to related parties, noting commission rates vary based on volume and are company's prerogative if genuine. The AO failed to justify arm's length rates of 10% or provide basis for excessive commission determination. Case-Laws Income Tax Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767375