2017 (9) TMI 1720

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....etitioner(s) : Mr. Anuroop Singhi with Mr. Aditya Vijay For the Respondent(s) : Mr. Siddharth Ranka ORDER Heard learned counsel for parties. By way of this appeal, the appellant has challenged the judgment and order of the Tribunal whereby Tribunal has partly allowed the appeal preferred by the assessee and dismissed the appeal of the department. This Court while admitting the appea....

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....f the case, the Tribunal was justified in deleting the addition of Rs. 12,00,000/- made by the Assessing Officer and confirmed by the CIT(A) on account of distribution of profit between two partners which was admitted by Shri U.S.Lodha, partner of the firm? (iv) Whether in the facts and circumstances of the case, the Tribunal was justified in deleting the addition made in respect brokerag....