https://www.taxtmi.com/caselaws?id=117964 The Tribunal held that the secret commission paid by the assessee was not deductible as business expenditure under Section 37 of the Income Tax Act. The Tribunal found that the assessee failed to provide sufficient evidence to establish that the expenditure was wholly and exclusively for business purposes. Consequently, the Tribunal directed the Assessing Officer to disallow the entire expenditure claimed by the assessee on account of secret commission, modifying its earlier decision and allowing the departmental appeals. en-us Thu, 26 Aug 2004 00:00:00 +0530 Wed, 27 Jun 2012 16:05:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117964 The Tribunal held that the secret commission paid by the assessee was not deductible as business expenditure under Section 37 of the Income Tax Act. The Tribunal found that the assessee failed to provide sufficient evidence to establish that the expenditure was wholly and exclusively for business purposes. Consequently, the Tribunal directed the Assessing Officer to disallow the entire expenditure claimed by the assessee on account of secret commission, modifying its earlier decision and allowing the departmental appeals. Case-Laws Income Tax Thu, 26 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117964