ITAT allows Sub-Brokerage expenses against Real Estate Commission Income

ITAT “D” BENCH, MUMBAI BEFORE SHRI I.P. BANSAL, JM AND SHRI SANJAY ARORA, AM I.T.A. No. 1455 TO 1459/MUM/2010 -Assessment Years: 2001-02 TO 2005-06) Smt. Renu Sudesh Kapoor Vs. The DCIT Date of Hearing: 21/05/2013 Date of Pronouncement: 21/05/2013 ORDER PER I.P.BANSAL, J.M: All these appeals are filed by the assessee. They are directed against five separate orders passed by Ld. CIT(A)-39, Mumbai dated 2 1/12/2009 in respect of assessment years 2001-02 to 2005-06. All the impugned assessments have been framed under section 153A(1) r.w.s. 143(3) of the Income Tax Ac...