https://www.taxtmi.com/caselaws?id=210057 The Tribunal allowed the assessee's deduction claim under Section 10B, remanding the matter for fresh consideration by the Assessing Officer based on the bifurcated accounts. The Tribunal upheld the full commission claim under Section 37, finding the AO's decision arbitrary and confirming the commission was paid to unrelated parties. The CIT(A)'s decision was supported, emphasizing the significance of accurate documentation and verification in tax assessments. The matter was sent back to the AO for further review, with one issue decided in favor of the Revenue and the other in favor of the assessee. en-us Wed, 11 May 2011 00:00:00 +0530 Fri, 30 Nov 2012 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210057 The Tribunal allowed the assessee's deduction claim under Section 10B, remanding the matter for fresh consideration by the Assessing Officer based on the bifurcated accounts. The Tribunal upheld the full commission claim under Section 37, finding the AO's decision arbitrary and confirming the commission was paid to unrelated parties. The CIT(A)'s decision was supported, emphasizing the significance of accurate documentation and verification in tax assessments. The matter was sent back to the AO for further review, with one issue decided in favor of the Revenue and the other in favor of the assessee. Case-Laws Income Tax Wed, 11 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210057