2017 (9) TMI 1720

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ith 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 appeal on 10.12.2008, framed the following substan....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 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 brokerage earned by the assessee of Rs. 8,00,000/- reduced to Rs. 4,00,000/- by t....