Income Tax Appeals: Commission Income from Hawala Transactions Adjusted to 2.5% for Fair Resolution.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Assessment of commission income of providing accommodation entires - CIT(A) estimated the income @5% out of Hawala transactions - an estimate of 2.5% of the total amount receipts received by the Assessee would meet the ends of justice - AT....
TaxTMI