ITAT explains principals for addition of new source of income by CIT(A)

Table of Contents▸ ITO Vs Angel Cement Pvt. Ltd (ITAT Delhi) To Read Table Content Go Below Links To Read Table Content Go Below Links ITO Vs Angel Cement Pvt. Ltd (ITAT Delhi) Now coming to the issue of fresh addition made by the ld. CIT (A) by making enhancement on account of alleged commission income in three cases. Though as discussed above, the ld. CIT (A) has deleted the addition made u/s.68 on the ground that no unaccounted funds have come in the bank account of the assessee companies, nevertheless, has held that assessee company might not have not availed any accommodation ent...