75 results for “disallowance”+ Survey u/s 133Aclear
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In the result, four appeals of Revenue are partly allowed whereas four assessee’s appeals are dismissed
Bench: Shri Pawan Singh & Dr. Arjun Lal Saini
survey u/s 133A revealed that the assessee was engaged in providing accommodation bills, resultantly only real commission income on disputed transactions could utmost be brought to tax; 2.0 A prayer is made to estimate the brokerage income @ 0.05% of disputed purchases, since the AO, in assessment order of mastermind person Shri Jitendra Kumar Jain, had already estimated the commission