https://www.taxtmi.com/caselaws?id=66824 The Tribunal held that the commission payments made by the assessee company were not deductible business expenditure as the assessee failed to prove that the payments were incurred wholly and exclusively for business purposes. Despite the crossed account payee cheques, lack of documentary evidence, contradictory statements, and failure to establish the purpose of the payments led to the disallowance. The Tribunal set aside the Commissioner (Appeals) decision and allowed the Revenue's appeal, upholding the disallowance of Rs. 72,813 in commission payments. en-us Mon, 28 Dec 1987 00:00:00 +0530 Thu, 12 Jan 2017 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66824 The Tribunal held that the commission payments made by the assessee company were not deductible business expenditure as the assessee failed to prove that the payments were incurred wholly and exclusively for business purposes. Despite the crossed account payee cheques, lack of documentary evidence, contradictory statements, and failure to establish the purpose of the payments led to the disallowance. The Tribunal set aside the Commissioner (Appeals) decision and allowed the Revenue's appeal, upholding the disallowance of Rs. 72,813 in commission payments. Case-Laws Income Tax Mon, 28 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66824