https://www.taxtmi.com/caselaws?id=174017 Commission paid to agents was deductible as business expenditure once its actual payment and exclusive business purpose were established under Section 10(2)(xv) of the Income-tax Act, 1922. The taxing authority could not reduce the deduction merely because it regarded the amount as excessive or unreasonable, since reasonableness is relevant only to test whether the payment was truly for business purposes. The disallowance was therefore unjustified and the deduction was allowable in full. en-us Mon, 13 Dec 1965 00:00:00 +0530 Wed, 20 Apr 2016 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174017 Commission paid to agents was deductible as business expenditure once its actual payment and exclusive business purpose were established under Section 10(2)(xv) of the Income-tax Act, 1922. The taxing authority could not reduce the deduction merely because it regarded the amount as excessive or unreasonable, since reasonableness is relevant only to test whether the payment was truly for business purposes. The disallowance was therefore unjustified and the deduction was allowable in full. Case-Laws Income Tax Mon, 13 Dec 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174017