https://www.taxtmi.com/caselaws?id=119738 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s deletion of disallowances totaling Rs. 55 lacs out of brokerage expenses and under rule 6B. The Tribunal emphasized the genuineness of the expenses, noting payments were made through banking channels, business expansion justifying expenses, and lack of logo on gifted articles. The decision was in line with the Jurisdictional High Court's ruling in CIT v. Allana Sons (P.) Ltd. [1995] 216 ITR 690 (Bom.). en-us Wed, 20 Dec 2006 00:00:00 +0530 Thu, 12 Jul 2012 18:02:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119738 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s deletion of disallowances totaling Rs. 55 lacs out of brokerage expenses and under rule 6B. The Tribunal emphasized the genuineness of the expenses, noting payments were made through banking channels, business expansion justifying expenses, and lack of logo on gifted articles. The decision was in line with the Jurisdictional High Court's ruling in CIT v. Allana Sons (P.) Ltd. [1995] 216 ITR 690 (Bom.). Case-Laws Income Tax Wed, 20 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119738