No Proof, No 100% Disallowance: Tribunal Cuts Commission & Rent Claims

Vinod Bhati Vs ITO (ITAT Delhi) No Evidence? No 100% Addition Either: Tribunal Moderates Commission & Rent Claims- Delhi ITAT Opts for Reasonable Estimate Assessee, a land-developer operating as Kuber Developers, claimed commission expenses of ₹1.65 crore for 4,317 small-value payments (₹2,000–₹4,800) to local agents engaged in plot-sales, & rental expenses of ₹25.32 lakh for various site offices. AO treated the entire commission as bogus citing lack of identity of recipients, absence of TDS, limited vouchers, & sharp jump in turnover; AO also disallowed ₹12,19,500/- re...