SFIO Report Alone Cannot Justify Massive ₹1000 Cr Addition: ITAT Remands

NKS Holdings Pvt. Ltd. Vs ACIT (ITAT Delhi) SFIO Report Alone Cannot Justify ₹1000 Cr Addition: ITAT Remands for Commission Income Estimation- Accommodation Entry Allegation – Tribunal Restricts Taxation to Commission, Not Entire Share Capital- Reopening Upheld but Addition of Full Share Premium Quashed Delhi Tribunal partly allowed the appeal of the Assessee by deleting the huge addition of ₹1000 crores made u/s 68 & remitting the matter to AO to compute only commission income as in similar cases. Assessee had filed return declaring a small loss of ₹47,507/-. Subsequently, based o...