https://www.taxtmi.com/caselaws?id=122663 The Tribunal upheld the Commissioner of Income-tax (Appeals)'s decision to delete the Rs. 30 lakhs commission disallowance, dismissing the revenue's appeal. It was determined that the commission paid to the Directors was justified, commercially expedient, and did not contravene sections 36(1)(ii) or 37(1) of the Income-tax Act. The Tribunal emphasized the importance of assessing commercial expediency from the assessee's perspective and upheld that the commission payments were not for extra-commercial purposes. en-us Fri, 27 Nov 2009 00:00:00 +0530 Tue, 29 Aug 2023 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122663 The Tribunal upheld the Commissioner of Income-tax (Appeals)'s decision to delete the Rs. 30 lakhs commission disallowance, dismissing the revenue's appeal. It was determined that the commission paid to the Directors was justified, commercially expedient, and did not contravene sections 36(1)(ii) or 37(1) of the Income-tax Act. The Tribunal emphasized the importance of assessing commercial expediency from the assessee's perspective and upheld that the commission payments were not for extra-commercial purposes. Case-Laws Income Tax Fri, 27 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122663