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Disallowance of commission paid - contract was awarded by the...

Commission Deduction Allowed for Services in 1999 PSU Contract Case Involving Rate Negotiations and Payment Follow-ups.

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Income Tax June 10, 2015 Case Laws AT
Disallowance of commission paid - contract was awarded by the PSU of the Government of India in the year 1999 and the agreement with the commission agents has been entered into on 01/04/2000 for rendering the services of negotiating rate difference and follow up payment realization - deduction of commission allowed - AT

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Acts Income Tax