https://www.taxtmi.com/caselaws?id=329575 The ITAT dismissed the Assessee's appeal regarding the disallowance of commission payments as they were not found to be related to business activities, aiming to increase expenses and reduce profits. The disallowance of agricultural income and unproved gifts was upheld due to lack of evidence provided by the Assessee. However, the addition of outstanding creditors in the suspense account was deleted as the AO failed to prove the necessary conditions for invoking the relevant section. Overall, the appeal was partly allowed based on the evidence and inquiries conducted during the assessment process. en-us Fri, 01 Jul 2016 00:00:00 +0530 Tue, 05 Jul 2016 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329575 The ITAT dismissed the Assessee's appeal regarding the disallowance of commission payments as they were not found to be related to business activities, aiming to increase expenses and reduce profits. The disallowance of agricultural income and unproved gifts was upheld due to lack of evidence provided by the Assessee. However, the addition of outstanding creditors in the suspense account was deleted as the AO failed to prove the necessary conditions for invoking the relevant section. Overall, the appeal was partly allowed based on the evidence and inquiries conducted during the assessment process. Case-Laws Income Tax Fri, 01 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329575