https://www.taxtmi.com/caselaws?id=121585 The Tribunal upheld the decisions of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) (CIT(A)), denying the claim for secret commission/kickbacks amounting to Rs. 43,50,616. The Tribunal found the expenditure lacked proper justification, consistency, and verifiable vouchers. It was ruled that the payments did not qualify as legitimate business expenses, as they were not wholly necessary for business purposes and did not comply with tax deduction at source (TDS) provisions. The appeal was dismissed, affirming the disallowance of the claimed expenditure. en-us Thu, 12 Feb 2009 00:00:00 +0530 Tue, 31 Jul 2012 17:40:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121585 The Tribunal upheld the decisions of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) (CIT(A)), denying the claim for secret commission/kickbacks amounting to Rs. 43,50,616. The Tribunal found the expenditure lacked proper justification, consistency, and verifiable vouchers. It was ruled that the payments did not qualify as legitimate business expenses, as they were not wholly necessary for business purposes and did not comply with tax deduction at source (TDS) provisions. The appeal was dismissed, affirming the disallowance of the claimed expenditure. Case-Laws Income Tax Thu, 12 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121585