https://www.taxtmi.com/caselaws?id=179818 The HC upheld the Tribunal's decision to disallow the commission payments claimed by the assessee for the assessment years 1995-96 and 1996-97. The assessee failed to provide satisfactory evidence of the services rendered by M/s. SLF Industries Ltd. for the commissions paid. The Tribunal and HC found discrepancies and a lack of documentation supporting the claimed services, leading to doubts about the legitimacy of the payments. Consequently, the appeals were dismissed, affirming the disallowance of the commission payments due to insufficient substantiation of business expenses. en-us Wed, 02 May 2007 00:00:00 +0530 Tue, 23 Jan 2024 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179818 The HC upheld the Tribunal's decision to disallow the commission payments claimed by the assessee for the assessment years 1995-96 and 1996-97. The assessee failed to provide satisfactory evidence of the services rendered by M/s. SLF Industries Ltd. for the commissions paid. The Tribunal and HC found discrepancies and a lack of documentation supporting the claimed services, leading to doubts about the legitimacy of the payments. Consequently, the appeals were dismissed, affirming the disallowance of the commission payments due to insufficient substantiation of business expenses. Case-Laws Income Tax Wed, 02 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179818