https://www.taxtmi.com/forum/issue?id=5080 Assessee produced a shipping bill declaring the foreign agent commission, a bank telegraphic transfer as payment evidence, and the agent's invoice, yet the assessing officer seeks to disallow the commission for alleged non proof of services. Regulatory guidance allows a capped commission for export consignments provided the commission is declared on the shipping bill; satisfaction of that shipping bill disclosure and related export documentation is the operative condition for recognition of the commission. en-us Thu, 20 Dec 2012 16:37:14 +0530 Thu, 23 Jan 2025 15:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5080 Assessee produced a shipping bill declaring the foreign agent commission, a bank telegraphic transfer as payment evidence, and the agent's invoice, yet the assessing officer seeks to disallow the commission for alleged non proof of services. Regulatory guidance allows a capped commission for export consignments provided the commission is declared on the shipping bill; satisfaction of that shipping bill disclosure and related export documentation is the operative condition for recognition of the commission. Discussion-Forum Income Tax Thu, 20 Dec 2012 16:37:14 +0530 https://www.taxtmi.com/forum/issue?id=5080