https://www.taxtmi.com/caselaws?id=241276 The Tribunal ruled in favor of the appellant, allowing the appeals related to the disallowance of traveling allowance, commission expenses, and the penalty under Section 271(1)(c) of the Act. The disallowance of traveling allowance was deleted as the expenses were found to be incurred wholly and exclusively for business purposes. Additionally, the commission expenses were justified as the parties had rendered services for selling vehicles, leading to the deletion of the entire addition made by the assessing officer and enhanced by the CIT(A). The penalty imposed under Section 271(1)(c) was also deleted as the basis for the penalty was removed by the Tribunal. en-us Fri, 23 Aug 2013 00:00:00 +0530 Fri, 20 Dec 2013 06:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241276 The Tribunal ruled in favor of the appellant, allowing the appeals related to the disallowance of traveling allowance, commission expenses, and the penalty under Section 271(1)(c) of the Act. The disallowance of traveling allowance was deleted as the expenses were found to be incurred wholly and exclusively for business purposes. Additionally, the commission expenses were justified as the parties had rendered services for selling vehicles, leading to the deletion of the entire addition made by the assessing officer and enhanced by the CIT(A). The penalty imposed under Section 271(1)(c) was also deleted as the basis for the penalty was removed by the Tribunal. Case-Laws Income Tax Fri, 23 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241276