https://www.taxtmi.com/caselaws?id=179967 The Court rejected the appellant's claim for deduction of commission payment, upholding the Tribunal's decision that lacked evidence of services rendered. The tax appeal was admitted to review the disallowance of payment to M/s. Gharda Chemicals Ltd. under section 40A(2)(b) of the I.T. Act, challenging the legality and correctness of the Tribunal's decision. Additionally, the Court considered the accrual of interest on an inter-corporate deposit with Nipun Investment Pvt. Ltd., assessing compliance with tax laws and the treatment of interest income. The judgment scrutinized evidence, legal arguments, and previous decisions to determine the validity of the Tribunal's rulings on these issues. en-us Mon, 01 Oct 2012 00:00:00 +0530 Wed, 24 Jan 2018 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179967 The Court rejected the appellant's claim for deduction of commission payment, upholding the Tribunal's decision that lacked evidence of services rendered. The tax appeal was admitted to review the disallowance of payment to M/s. Gharda Chemicals Ltd. under section 40A(2)(b) of the I.T. Act, challenging the legality and correctness of the Tribunal's decision. Additionally, the Court considered the accrual of interest on an inter-corporate deposit with Nipun Investment Pvt. Ltd., assessing compliance with tax laws and the treatment of interest income. The judgment scrutinized evidence, legal arguments, and previous decisions to determine the validity of the Tribunal's rulings on these issues. Case-Laws Income Tax Mon, 01 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179967