TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Ruling: 50% Commission Deduction for LIC Agent Expenses Upheld</h1> <h3>Commissioner of Income-tax Versus Tukaram Ramchandra Shinde</h3> The Bombay HC upheld the Tribunal's decision on commission expenses for an agent of Life Insurance Corporation of India, allowing a 50% deduction for ... - The Bombay High Court upheld the Tribunal's decision regarding deduction of commission expenses for an agent of Life Insurance Corporation of India. The Court found no issue with the Tribunal's interpretation of the circular allowing a 50% deduction for commissions below Rs. 60,000. The revenue's application under section 256(2) was dismissed, and costs were awarded against them.
TaxTMI 
TaxTMI 
