Home / 
Assessee Accepts 0.6% Commission Rate u/s 68 for Bogus Transactions, CIT(A) Findings Stand Unchallenged.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Addition u/s 68 - Estimation of rate of commission - brokerage rate on various bogus transactions - Inasmuch as the assessee accepted the commission at 0.6% by not preferring any appeal against the impugned order, we are not inclined to disturb the findings of the Ld. CIT(A) in this matter to the effect that the commission at 0.6% is appropriate. - AT....
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
TaxTMI