https://www.taxtmi.com/caselaws?id=169151 The Tribunal partly allowed the Revenue's appeal for statistical purposes. The Tribunal upheld the Commissioner's decision regarding the disallowance of brokerage commission due to lack of evidence of payment. However, the Tribunal rejected the disallowance under section 40(a)(ia) on brokerage commission paid, as TDS was deducted by the Managing Director on behalf of the company, fulfilling the requirement. The matter was remitted back to the Assessing Officer for further examination and decision. en-us Thu, 31 Jul 2014 00:00:00 +0530 Mon, 06 Apr 2015 22:03:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169151 The Tribunal partly allowed the Revenue's appeal for statistical purposes. The Tribunal upheld the Commissioner's decision regarding the disallowance of brokerage commission due to lack of evidence of payment. However, the Tribunal rejected the disallowance under section 40(a)(ia) on brokerage commission paid, as TDS was deducted by the Managing Director on behalf of the company, fulfilling the requirement. The matter was remitted back to the Assessing Officer for further examination and decision. Case-Laws Income Tax Thu, 31 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169151