https://www.taxtmi.com/caselaws?id=777492 ITAT KOLKATA - AT dismissed the revenue's appeal, upholding the CIT(A)'s adjustment of undisclosed commission income at 0.10% of turnover. The Tribunal found the CIT(A) properly relied on survey-recorded statements admitting commission in the 0.05%-0.15% range and on precedent where an AO's initial 2% addition was reduced on similar evidence. The appellate order was held to be reasoned and speaking, and no infirmity was found in the reduction of the addition. en-us Tue, 26 Aug 2025 00:00:00 +0530 Sat, 30 Aug 2025 08:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777492 ITAT KOLKATA - AT dismissed the revenue's appeal, upholding the CIT(A)'s adjustment of undisclosed commission income at 0.10% of turnover. The Tribunal found the CIT(A) properly relied on survey-recorded statements admitting commission in the 0.05%-0.15% range and on precedent where an AO's initial 2% addition was reduced on similar evidence. The appellate order was held to be reasoned and speaking, and no infirmity was found in the reduction of the addition. Case-Laws Income Tax Tue, 26 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777492