https://www.taxtmi.com/caselaws?id=64787 The Tribunal confirmed the disallowance of tea and coffee expenses as entertainment but allowed 15% of the expenses attributable to staff members. Similarly, for auction expenses, 15% attributable to staff members was allowed. The disallowance of commission paid to various parties was deleted based on credible confirmations and supporting documents. However, the disallowance of additions made to the share capital was upheld, with the matter remanded to the Assessing Officer for further examination in line with judicial precedents. The appeal was partly allowed with specific directions for recomputing disallowances and re-examining the share capital issue. en-us Thu, 14 Mar 1996 00:00:00 +0530 Wed, 09 Feb 2011 18:29:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64787 The Tribunal confirmed the disallowance of tea and coffee expenses as entertainment but allowed 15% of the expenses attributable to staff members. Similarly, for auction expenses, 15% attributable to staff members was allowed. The disallowance of commission paid to various parties was deleted based on credible confirmations and supporting documents. However, the disallowance of additions made to the share capital was upheld, with the matter remanded to the Assessing Officer for further examination in line with judicial precedents. The appeal was partly allowed with specific directions for recomputing disallowances and re-examining the share capital issue. Case-Laws Income Tax Thu, 14 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64787