https://www.taxtmi.com/caselaws?id=774032 ITAT Delhi dismissed Revenue's appeal regarding protective additions under Section 68. The assessee company was alleged to have acted as a conduit providing accommodation entries and earning unaccounted commission. Following the precedent in Holeon Traders Pvt. Ltd., ITAT upheld deletion of protective additions. The Tribunal also confirmed deletion of commission income addition after issuing a corrigendum clarifying that CIT(A) was correct in deleting the commission-based addition, thereby dismissing Revenue's grounds. en-us Thu, 15 May 2025 00:00:00 +0530 Wed, 02 Jul 2025 08:42:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774032 ITAT Delhi dismissed Revenue's appeal regarding protective additions under Section 68. The assessee company was alleged to have acted as a conduit providing accommodation entries and earning unaccounted commission. Following the precedent in Holeon Traders Pvt. Ltd., ITAT upheld deletion of protective additions. The Tribunal also confirmed deletion of commission income addition after issuing a corrigendum clarifying that CIT(A) was correct in deleting the commission-based addition, thereby dismissing Revenue's grounds. Case-Laws Income Tax Thu, 15 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774032