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No Proof, No 100% Disallowance: Tribunal Cuts Commission & Rent Claims
Case Law Details
- Case Name
- Vinod Bhati Vs ITO (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All ITAT, ITAT Delhi
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Vinod Bhati Vs ITO (ITAT Delhi)
No Evidence? No 100% Addition Either: Tribunal Moderates Commission & Rent Claims- Delhi ITAT Opts for Reasonable Estimate
Assessee, a land-developer operating as Kuber Developers, claimed commission expenses of ₹1.65 crore for 4,317 small-value payments (₹2,000–₹4,800) to local agents engaged in plot-sales, & rental expenses of ₹25.32 lakh for various site offices. AO treated the entire commission as bogus citing lack of identity of recipients, absence of TDS, limited vouchers, & sharp jump in turnover; AO also disallowed ₹12,19,500/- re...
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