https://www.taxtmi.com/caselaws?id=234488 The High Court upheld the decisions of lower authorities in a tax appeal case. The disallowance of commission expenses was reversed as payments were approved by the Board and supported by agreements. The deletion of addition on account of writing back of loan liability was supported by precedent, ruling no addition under Section 41(1) when no deduction was allowed earlier. The deletion of addition on account of interest income on FDR was upheld as the income was already offered. The High Court found no legal question and dismissed the appeal. en-us Fri, 22 Mar 2013 00:00:00 +0530 Thu, 13 Jun 2013 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234488 The High Court upheld the decisions of lower authorities in a tax appeal case. The disallowance of commission expenses was reversed as payments were approved by the Board and supported by agreements. The deletion of addition on account of writing back of loan liability was supported by precedent, ruling no addition under Section 41(1) when no deduction was allowed earlier. The deletion of addition on account of interest income on FDR was upheld as the income was already offered. The High Court found no legal question and dismissed the appeal. Case-Laws Income Tax Fri, 22 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234488