Court Disallows Sub-Contract Payments; Assessee Provided Accommodation Entries, Commission Income Estimated at 4.

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....Disallowance of sub-contract payments for land development expenses - accommodation entries for income and expenditure both - Assessee have not executed any work except providing accommodation entries, we consider that looking to the meager income shown by the assessee it will be reasonable to estimate the commission income earned by the assessee @ 4% - AT....