2026 (7) TMI 299

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..... Singhvi, CA And Shri Satyajeet Goel, Adv. For the Revenue : Sh. Abhishek Kumar, CIT(DR) ORDER PER RENU JAUHRI, ACCOUNTANT MEMBER: This appeal by the Assessee is directed against the order dated 30.06.2025 of the ld. Commissioner of Income Tax (Appeals)-30, New Delhi-110055, [hereinafter referred to as the 'Ld. CIT(A)] arising out of the Assessment Order dated 25.03.2022 passed under ....

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.... The appellant contends that on the facts and in the circumstances of the case and in law, the CIT(A) ought not to have upheld the impugned addition inasmuch as the CIT(A) has not correctly appreciated the facts of the case in its entirety and hence, the action of the CIT(A) needs to be reversed. The appellant further, contends that on the facts and in the circumstances of the case and i....

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....se, return declaring same income was filed on 10.03.2022 by the assessee. 3.1 After examining the incriminating material seized during the course of search by the AO, found that the assessee had made several transactions in cash, as also earned commission from sale of properties facilitated by him through his Prop. Concern, M/s Agarwal Properties. The AO made the following additions after scrut....

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....arned @ 1% of sale consideration disregarding the submissions of the assessee that the estimate was on higher side as other brokers are also involved in big transactions and effective commission earned, after sharing with other brokers was to the extent of 0.25% to 0.50% only. He has further submitted that the assessee was one of the facilitators of the sale / purchase deals of properties and not ....