https://www.taxtmi.com/caselaws?id=778539 ITAT upheld the CIT(A)'s deletion of an addition treating impugned receipt as unaccounted commission, finding the tribunal's suspicions baseless. The assessee demonstrated the receipt was an advance, confirmed by the payer, with no incriminating material from search proceedings. Subsequent adjustment of the advance against later liabilities and development works cannot be reopened in the assessment year under appeal and any tax consequences of adjustments must be examined in the later year. All revenue grounds were dismissed. en-us Fri, 12 Sep 2025 00:00:00 +0530 Thu, 18 Sep 2025 08:30:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778539 ITAT upheld the CIT(A)'s deletion of an addition treating impugned receipt as unaccounted commission, finding the tribunal's suspicions baseless. The assessee demonstrated the receipt was an advance, confirmed by the payer, with no incriminating material from search proceedings. Subsequent adjustment of the advance against later liabilities and development works cannot be reopened in the assessment year under appeal and any tax consequences of adjustments must be examined in the later year. All revenue grounds were dismissed. Case-Laws Income Tax Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778539