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Case lawITAT › Seo Lehenga House v DCIT
ITATHelps taxpayerValidity unconfirmeds.69Cs.69s.153As.132(1)

Seo Lehenga House v DCIT

I have already offered the profit on the disputed transactions. Can the officer add the broker's commission on top under s.69C?

I have already offered the profit on the disputed transactions. Can the officer add the broker's commission on top under s.69C?

Not where the commission is already inside the profit you offered. The Tribunal deleted a s.69C addition for cash commission paid to a broker for arranging bogus purchases and sales, in each of six consolidated appeals covering two assessees and five assessment years, because in every year the gross profit the assessee had already declared on those transactions exceeded the commission the Assessing Officer himself had determined. For the leading year the gross profit was Rs. 14,57,154 at 1.60 per cent against a determined commission of Rs. 5,31,795, and the Rs. 3,32,371 the first appellate authority had sustained was deleted. The rates differ year by year.

Decided by the ITAT (ITAT Chandigarh Bench 'B' - Aakash Deep Jain (Vice President) and Vikram Singh Yadav (Accountant Member); ITA Nos. 307 to 310, 617 and 618 (Chd.) of 2022) on 2024-03-27, reported as [2024] 163 taxmann.com 668 (Chd.)(Trib.); (2024) 111 ITR (Trib.) 681 (Chd.)(Trib.); ITA Nos. 307 to 310, 617 and 618 (Chd.) of 2022; the (2025) 235 TTJ 35 (UO) reference is not on the reporter's citation line and remains unconfirmed. It bears on section 69C, section 69, section 153A, section 132(1) of the Income Tax Act 1961, in Cash Credits & Unexplained Money, Evidence & Burden of Proof and Search, Survey & Block Assessment matters.

Validity check could not be completed. Unverified. The order has been read in full and nothing on its record shows any later treatment - no decision applying, following, affirming, doubting or reversing it, and no appeal or special leave petition disclosed. Absence of contrary authority is not good law, so the status stays where it is. What is now settled first-hand is the record: the six appeal numbers, the two assessees, the five assessment years - 2013-14, 2015-16, 2016-17, 2017-18 and 2018-19, AY 2014-15 not being among them - the Bench, the date of 27 March 2024, both citations, and the commission percentages, which are 1 per cent proposed, 0.40 per cent assessed, 0.25 per cent sustained on first appeal and nil after the Tribunal. One development in the same field is worth a practitioner's attention although it does not touch this decision: on 5 February 2026 the Bombay High Court admitted PCIT-17 v. Chandrakant L. Nishar (Income Tax Appeal No. 1879 of 2019) on the questions whether a Tribunal, having accepted that the purchases were bogus, may determine a profit rate without confirming the disallowance and without applying s.69C, and whether it erred in restricting the disallowance to the profit margin. That is a Bombay question about the profit-element approach generally; this is a Chandigarh decision on a narrower point, and the admission neither binds it nor unsettles it. On the provision, no amendment to s.69C since the order was traced, and a published concordance puts the successor at s.105 of the Income-tax Act, 2025, in force from 1 April 2026. Where this was checked.

Why it matters

Officers routinely stack a commission addition — usually 0.5% to 2% — on top of whatever profit element has been offered or estimated on bogus purchases. This is the arithmetic answer to that: one set of transactions cannot yield both a declared gross profit and a separate unexplained expenditure for the cost of arranging them.

Binding on the AO and CIT(A) within the Tribunal's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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Related

Other authorities on the same sections.

Used in these worked examples

Notice situations where this decision carries one of the steps.
The purchases are called accommodation entries, the whole invoice value is proposed, and a penalty of the same amount alongsideThe notice wants to add my entire Rs 3.42 crore of purchases, not the profit in them, and there is a separate penalty show-cause for the same figure. The supplier's statement has not been given to me and the goods are in my stock register. Where do I start?