https://www.taxtmi.com/caselaws?id=260319 The ITAT upheld the CIT(A)'s decision to allow commission expenses under section 37(1) of the Income Tax Act, recognizing Nawal Khanna's role as a dependent agent procuring orders for the assessee. The judgment emphasized the legitimacy of the commission payments, based on parties confirming Khanna's association with the assessee and the absence of evidence suggesting the commission was bogus. The decision highlighted the significance of comprehending business relationships in assessing expense allowability, ultimately dismissing the Revenue's appeal and affirming the correctness of the CIT(A)'s decision. en-us Thu, 26 Mar 2015 00:00:00 +0530 Tue, 09 Jun 2015 07:26:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260319 The ITAT upheld the CIT(A)'s decision to allow commission expenses under section 37(1) of the Income Tax Act, recognizing Nawal Khanna's role as a dependent agent procuring orders for the assessee. The judgment emphasized the legitimacy of the commission payments, based on parties confirming Khanna's association with the assessee and the absence of evidence suggesting the commission was bogus. The decision highlighted the significance of comprehending business relationships in assessing expense allowability, ultimately dismissing the Revenue's appeal and affirming the correctness of the CIT(A)'s decision. Case-Laws Income Tax Thu, 26 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260319