PRINCIPAL COMMISSIONER OF INCOME TAX-9, KOLKATA vs. GITESH TIKMANI
In the result, these appeals are allowed and the substantial
ITAT/154/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
disallowance of commission of Rs. 14,118/- purportedly
incurred by the assessee towards payment to brokers who
allegedly entered into the share transactions at the behest of
the assessee overlooking the fact that the entire transaction
were stage managed with the object to facilitate the assessee
to plough back its unaccounted income in the form of fictitious
Long Term Capital
