https://www.taxtmi.com/caselaws?id=55005 The Tribunal partly allowed the appeal, deleting the arbitrary addition based on the 0.35% commission rate but upheld the addition of Rs. 35,000 as income from other sources. The Tribunal emphasized that the rejection of the assessee's books was not justified, and the reliance on the C.K. Telang case was misplaced. The decision underscores the importance of context-specific assessment and the need for concrete evidence in determining commission rates. en-us Tue, 27 Jul 2004 00:00:00 +0530 Tue, 23 Nov 2010 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55005 The Tribunal partly allowed the appeal, deleting the arbitrary addition based on the 0.35% commission rate but upheld the addition of Rs. 35,000 as income from other sources. The Tribunal emphasized that the rejection of the assessee's books was not justified, and the reliance on the C.K. Telang case was misplaced. The decision underscores the importance of context-specific assessment and the need for concrete evidence in determining commission rates. Case-Laws Income Tax Tue, 27 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55005