Estimated Commission Addition Unsustainable Without Rejecting Books

Anil Kumar Jain Vs ACIT (ITAT Raipur) Estimated Commission Addition Unsustainable Without Rejecting Books Estimated Commission Addition Unsustainable Without Rejecting Books: ITAT Raipur Deletes Additions Summary: The Raipur Bench (SMC) of the Income Tax Appellate Tribunal (ITAT) allowed the assessee’s appeals for AYs 2018-19 and 2019-20, holding that estimated additions towards commission income cannot be made without rejecting the books of account under section 145(3) and without resorting to best judgment assessment under section 144. In the present case, following a search under section ...