https://www.taxtmi.com/caselaws?id=327136 The court dismissed the appeal regarding the disallowance of payment claimed under Section 37(1) of the Income Tax Act. The payment of commission to Mr. John V. Smith was found to be genuine and directly related to promoting sales, thus allowable as a deduction for business purposes. The Tribunal and court upheld this decision, emphasizing the factual basis and rejecting the Revenue's argument for disallowance. Additionally, the issue of disallowance under Section 40(a)(i) for failure to deduct tax at source was not entertained due to settled precedents in favor of the assessee, resulting in the dismissal of the appeal without costs. en-us Tue, 26 Apr 2016 00:00:00 +0530 Tue, 03 May 2016 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327136 The court dismissed the appeal regarding the disallowance of payment claimed under Section 37(1) of the Income Tax Act. The payment of commission to Mr. John V. Smith was found to be genuine and directly related to promoting sales, thus allowable as a deduction for business purposes. The Tribunal and court upheld this decision, emphasizing the factual basis and rejecting the Revenue's argument for disallowance. Additionally, the issue of disallowance under Section 40(a)(i) for failure to deduct tax at source was not entertained due to settled precedents in favor of the assessee, resulting in the dismissal of the appeal without costs. Case-Laws Income Tax Tue, 26 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327136