ITAT Deletes Additions as AO Ignored Income From Sale of Amway Products

Sureshchandra Paranjivandas Panchal Vs ITO (ITAT Surat) Credit Card Payment Additions Quashed Because Related Business Transactions Were Not Considered; ITAT Allows Appeal Because Income and Commission Details Were Ignored by Tax Authorities; Undisclosed Income Additions Set Aside Because AO Failed to Examine Available Evidence: ITAT Surat. The Income Tax Appellate Tribunal (ITAT), Surat, allowed the appeal of the assessee against the order of the Commissioner of Income Tax (Appeals), NFAC, for Assessment Year 2011-12. The assessee, an individual, had originally filed a return declaring total ...