ITAT Remands Case 1% Commission on ₹44.5 Cr Conduit Deals for Fresh Verification

Tirupati Real Build Pvt. Ltd. Vs DCIT (ITAT Delhi)

Alleged 1% Commission on ₹44.5 Crore ‘Conduit’ Transactions – ITAT Remands Case for Fresh Verification & Speaking Order

Assessee, a private company, faced additions of ₹44.50 lakh (1% of ₹44.50 crore) for AY 2018-19, alleged as commission income from routing funds of Aggarwal Vidya Pracharini Sabha (AVPS) Trust, said to be controlled by the Dev Wines Group. AO held that Assessee acted as a conduit for circulating trust funds through group entities but produced no documentary proof to the cont

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