https://www.taxtmi.com/caselaws?id=795342 The enhanced tax rate under Section 115BBE, effective from 1 April 2017, applies prospectively and does not govern Assessment Year 2017-18 where no addition was made under Sections 68 or 69; tax was therefore to be computed at normal rates. For tax-audit purposes, a commission agent operating a Mother Dairy booth has turnover limited to commission receipts, not gross sales made for the principal, so no penalty arose where commission income was below the audit threshold. Delays in first appeals were condoned because COVID-19 limitation relief, illness and flood damage established bona fide sufficient cause. en-us Mon, 29 Jun 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795342 The enhanced tax rate under Section 115BBE, effective from 1 April 2017, applies prospectively and does not govern Assessment Year 2017-18 where no addition was made under Sections 68 or 69; tax was therefore to be computed at normal rates. For tax-audit purposes, a commission agent operating a Mother Dairy booth has turnover limited to commission receipts, not gross sales made for the principal, so no penalty arose where commission income was below the audit threshold. Delays in first appeals were condoned because COVID-19 limitation relief, illness and flood damage established bona fide sufficient cause. Case-Laws Income Tax Mon, 29 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795342