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of <h1>Court allows deduction for commission paid to sole selling agent by assessee for assessment year 1976-77.</h1> The High Court of Punjab and Haryana allowed a deduction for commission paid to a sole selling agent by the assessee, Kumar Engineers, for the assessment ... Assessee, Payments Not Deductible The High Court of Punjab and Haryana allowed a deduction for commission paid to a sole selling agent by the assessee, Kumar Engineers, for the assessment year 1976-77. The court found the commission paid to be reasonable based on the work done by the sole selling agent partners. The Tribunal justified allowing a further 2 percent commission under section 40A(2) of the Income-tax Act. The court ruled in favor of the assessee, with no costs.
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