https://www.taxtmi.com/caselaws?id=242122 The Kerala High Court upheld the disallowance of claimed expenses under the heads Commission and Incentive by the assessing officer for the assessment years 2002-03 to 2005-06, specifically related to payments made to Mr. Vinod by the appellant-assessee company. The court found the transactions suspicious, especially concerning Mr. Vinod's involvement and the lack of clarity on the actual beneficiaries of the commissions. Consequently, the Assessing Officer and the Tribunal were justified in rejecting the claims, leading to the dismissal of the appeals at the admission stage. en-us Mon, 16 Dec 2013 00:00:00 +0530 Wed, 08 Jan 2014 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242122 The Kerala High Court upheld the disallowance of claimed expenses under the heads Commission and Incentive by the assessing officer for the assessment years 2002-03 to 2005-06, specifically related to payments made to Mr. Vinod by the appellant-assessee company. The court found the transactions suspicious, especially concerning Mr. Vinod's involvement and the lack of clarity on the actual beneficiaries of the commissions. Consequently, the Assessing Officer and the Tribunal were justified in rejecting the claims, leading to the dismissal of the appeals at the admission stage. Case-Laws Income Tax Mon, 16 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242122