https://www.taxtmi.com/caselaws?id=213427 The High Court dismissed the appeal challenging the addition of commission paid to family members as business expenditure under the Income Tax Act. The Court found that the payments were not legitimate business expenses but rather a diversion of income to family members to offset their losses, invoking Section 40A(2)(b) of the Act. Despite appellant's reliance on precedents, the Court upheld lower authorities' decision, deeming the claimed expenditure excessive and unreasonable. The appeal was dismissed, affirming the disallowance of commission payments to family members as business expenditure. en-us Mon, 16 Apr 2012 00:00:00 +0530 Sun, 20 May 2012 21:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213427 The High Court dismissed the appeal challenging the addition of commission paid to family members as business expenditure under the Income Tax Act. The Court found that the payments were not legitimate business expenses but rather a diversion of income to family members to offset their losses, invoking Section 40A(2)(b) of the Act. Despite appellant's reliance on precedents, the Court upheld lower authorities' decision, deeming the claimed expenditure excessive and unreasonable. The appeal was dismissed, affirming the disallowance of commission payments to family members as business expenditure. Case-Laws Income Tax Mon, 16 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213427