Part of commission income cannot be taxed when deduction u/s. 80P allowed for other part

District Co-operative Sugar Cane Supply Ltd Vs ITO (ITAT Lucknow)

ITAT Lucknow held that part of commission income from sugar mills cannot be taxed since other part of commission income has already been allowed for deduction under section 80P of the Income Tax Act. Accordingly, addition of part of commission income set aside and appeal allowed.

Facts- AO observed that as per Form 26AS, the assessee had earned commission at Rs.1,13,49,264/- and claimed credit of tax deducted at source (TDS) of Rs.11,34,972/- on such commission income but the assessee had off

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