https://www.taxtmi.com/caselaws?id=247545 The court upheld the disallowance of salary payments to employees due to lack of substantiation, directing verification by the Assessing Officer (AO). Commission expenses were disallowed as agents failed to prove services rendered. Income from specific sources was classified as 'Business Income' instead of 'Income from Other Sources' based on evidence provided. Other expenses were partially allowed, with rent expenses disallowed pending verification. The ITAT affirmed decisions on income classification and commission expenses but remitted the issue of other expenses for re-examination by the AO. Both parties' appeals were allowed for statistical purposes, emphasizing thorough reassessment of evidence. en-us Fri, 25 Apr 2014 00:00:00 +0530 Thu, 15 May 2014 08:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247545 The court upheld the disallowance of salary payments to employees due to lack of substantiation, directing verification by the Assessing Officer (AO). Commission expenses were disallowed as agents failed to prove services rendered. Income from specific sources was classified as 'Business Income' instead of 'Income from Other Sources' based on evidence provided. Other expenses were partially allowed, with rent expenses disallowed pending verification. The ITAT affirmed decisions on income classification and commission expenses but remitted the issue of other expenses for re-examination by the AO. Both parties' appeals were allowed for statistical purposes, emphasizing thorough reassessment of evidence. Case-Laws Income Tax Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247545