ITA No. 1061&1064/MUM/2024 & C.O.73&74-Mum-2024

Parties Involved

Facts Summary

The case involves two appeals and two cross objections filed for the assessment years 2014-15 and 2015-16. The Revenue has challenged the order passed by the Commission of Income Tax Appeals (CIT(A)) for the assessment year 2014-15, which partly allowed the appeal preferred by the Assessee against the Assessment Order. The Revenue raised grounds of appeal questioning the deletion of addition made by the Assessing Officer on account of commission paid by the assessee. The relevant facts include the framing of assessment, search operation, re-assessment proceedings, and the addition made in the hands of the Assessee. The CIT(A) deleted the addition on INR 9,37,112/- made under Section 69C of the Act, which the Revenue appealed against. The Tribunal found no infirmity in the order passed by the CIT(A) and dismissed all the grounds raised by the Revenue.…

Legal Issues

• 1. Whether the CIT(A) erred in deleting the addition made by the AO on account of commission paid by the assessee.

Judgment Outcome

Decided in favour of Partly Assessee / Partly Revenue.

Similar Judgements

• DCIT Vs. Skytech Constructions Pvt. Ltd.

  DELHI BENCH ‘G’ NEW DELHI benchAY 2014-15Partly Allowed

• Periyasamy Anbunathan vs The DCIT, Central Circle-1(4), Chennai

• Income Tax Officer, Ward 38(1), Midnapur, Paschim Medinipur-721101, West Bengal Vs. Kurkutbandhi SKUS Ltd., Kurkutbandhi, Jagardanga, Paschim Medinipur -711121, West Bengal

  Kolkata benchAY 2017-18Dismissed

• Income Tax Officer, Rohtak vs Vijender Goyal

  Delhi Bench benchAY 2021-22Dismissed

• ITA No. 520/DEL/2017 [A.Y 2011-12] and ITA No. 521/DEL/2017 [A.Y 2012-13]

  Delhi ‘F’ Bench benchAY 2011-12, 2012-13Dismissed

• MSB E Trade Securities Ltd. vs ACIT Central Circle-18 Delhi