https://www.taxtmi.com/caselaws?id=62609 The court allowed the full amount of commission paid to Dr. B.N. Wahi and Shri Diwakar Wahi as a deductible expense, overturning the disallowance by the Income Tax Officer and CIT(A). The Third Member found the commission payments justified, emphasizing Dr. B.N. Wahi's long-standing role in managing the business and entitlement to a commission at 10% of turnover. The absence of a written agreement was not deemed invalid, and past acceptance of such payments was considered. The court rejected the application of res judicata in income tax proceedings, emphasizing the need for justifications specific to each year's circumstances. en-us Tue, 07 Jan 1992 00:00:00 +0530 Thu, 03 Mar 2016 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62609 The court allowed the full amount of commission paid to Dr. B.N. Wahi and Shri Diwakar Wahi as a deductible expense, overturning the disallowance by the Income Tax Officer and CIT(A). The Third Member found the commission payments justified, emphasizing Dr. B.N. Wahi's long-standing role in managing the business and entitlement to a commission at 10% of turnover. The absence of a written agreement was not deemed invalid, and past acceptance of such payments was considered. The court rejected the application of res judicata in income tax proceedings, emphasizing the need for justifications specific to each year's circumstances. Case-Laws Income Tax Tue, 07 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62609