https://www.taxtmi.com/caselaws?id=209768 Genuine business expenditure cannot be disallowed merely because supporting vouchers are not in the assessee's name or bills stand in group concerns' names, where payment is by cheque and the Revenue brings no contrary evidence. The correct TDS treatment of insurance-related consultancy payments depends on the true nature of the services and whether the recipients are registered with the insurance regulator. If the payments are commission for procuring business rather than professional or technical services, a different TDS provision may apply; the matter requires verification of the payees' status and fresh examination. en-us Fri, 23 Dec 2011 00:00:00 +0530 Wed, 01 Feb 2012 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209768 Genuine business expenditure cannot be disallowed merely because supporting vouchers are not in the assessee's name or bills stand in group concerns' names, where payment is by cheque and the Revenue brings no contrary evidence. The correct TDS treatment of insurance-related consultancy payments depends on the true nature of the services and whether the recipients are registered with the insurance regulator. If the payments are commission for procuring business rather than professional or technical services, a different TDS provision may apply; the matter requires verification of the payees' status and fresh examination. Case-Laws Income Tax Fri, 23 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209768