ITAT Orders Re adjudication of Commission and Brokerage Sales credited to P/L Account for Reliance Jio and Sun Direct Distributorships [Read Order]

ITAT directs readjudication regarding the commission and brokerage sale credited to Profit and Loss Account of distributorship to Reliance Jio and Sun Directs
By Aparna. M - On May 16, 2024 1:21 pm - 2 mins read
ITAT Bangalore - Income tax act - ITAT directs Readjudication - Tax news - Taxscan

The Two member bench of Bangalore  Income Tax Appellate Tribunal ( ITAT ) directs readjudication regarding the commission and brokerage sale credited to Profit and Loss Account of distributorship to Reliance Jio and Sun Directs. The Assessee, Ginkloru Gangareddy is running a proprietary concern and engaged in the business of distributorship to Reliance Jio and…

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