2025 (2) TMI 605

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....ary, DR ORDER PER RAJESH KUMAR, AM: These are appeals preferred by the assessee against the order of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the "Ld. CIT(A)"] dated 26.07.2023 for the AY 2012-13. 1034/KOL/2024 02. The only issue raised by the assessee in ground nos. 2 to 5, is against the confirmation of addition by the ld. CIT (A) as made by the ld. A....

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....n assessee's own case in A.Y. 2010-11 with the same facts. 05. After hearing the rival contentions and perusing the materials available on record, we find that admittedly the assessee was engaged in providing accommodation entries on commission basis. The assessee filed the return of income on 20.03.2013 by declaring total income at Rs. 1,13,730/-. Thereafter, the case of the assessee was selec....

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.... ld. CIT (A), however, the ld. CIT (A) confirmed the finding of the ld. Assessing Officer. After perusal of the decision of the co-ordinate Bench in assessee's own case for A.Y. 2010-11, we find that the co-ordinate bench in ITA No. 1330/KOL/2023 for A.Y. 2010-11 vide order dated 31.12.2024, under similar facts has decided the appeal by directing the ld. AO to applying the profit rate of 0.15% as ....

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....commission on turnover at 0.15% which was more than percentage considered to be reasonable by the tribunal, the same should be accepted. 9. In the present case Mr. Sumit Sharma, Director of the appellant company has admitted to have been providing accommodation entries in lieu of admitted commission@ 0.10% to 0.15% of the turnover. The statement given by the Director has been accepted by ....