Dismissing the appeal of the revenue the Court held that; where addition was made to income of assessee on account of commission paid by it to an agent to facilitate sale of a building, since such commission paid by assessee was duly reflected in its books filed along with its return of income which was subjected to normal assessment, impugned addition was unjustified.
CIT v. Ansal Properties & Industries. (2018) 259 Taxman 103 /170 DTR 225/( 2019) 308 CTR 510(Delhi)(HC)
S. 158BA : Block assessment-Undisclosed income-Expenses or payments not deductible–Excessive or unreasonable-Commission payment-Reflected in its books filed along with its return of income which was subjected to normal assessment, impugned addition was unjustified. [S. 40A(2)]