https://www.taxtmi.com/highlights?id=94528 ITAT allowed the appeal of the assessee, deleting additions made on account of notional commission and interest on unpaid commission arising from a business arrangement with CPRPL. ITAT held that no real income had accrued to the assessee, as CPRPL had neither recorded any liability nor paid commission, lease rent, or interest, and the assessee had not received any such amounts during the relevant assessment year. A mere unilateral claim raised by the assessee through a letter, which CPRPL did not act upon, could not give rise to taxable income. ITAT noted that capital gains were correctly offered and taxed in AY 2020-21 upon actual registration of the property. en-us Wed, 26 Nov 2025 14:27:58 +0530 Wed, 26 Nov 2025 14:27:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=94528 ITAT allowed the appeal of the assessee, deleting additions made on account of notional commission and interest on unpaid commission arising from a business arrangement with CPRPL. ITAT held that no real income had accrued to the assessee, as CPRPL had neither recorded any liability nor paid commission, lease rent, or interest, and the assessee had not received any such amounts during the relevant assessment year. A mere unilateral claim raised by the assessee through a letter, which CPRPL did not act upon, could not give rise to taxable income. ITAT noted that capital gains were correctly offered and taxed in AY 2020-21 upon actual registration of the property. Highlights Income Tax Wed, 26 Nov 2025 14:27:58 +0530 https://www.taxtmi.com/highlights?id=94528