https://www.taxtmi.com/caselaws?id=334955 The High Court set aside the Tribunal's order disallowing business expenses on commission paid at 15% and restricting it to 10% of sales turnover. The Court emphasized the need for proper examination and reasoning, stating that the Tribunal lacked justification for the disallowance. The Court highlighted the importance of applying the provisions of the Income Tax Act and providing adequate reasoning for any disallowances, remanding the matter for re-examination. en-us Fri, 18 Nov 2016 00:00:00 +0530 Wed, 23 Nov 2016 15:44:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334955 The High Court set aside the Tribunal's order disallowing business expenses on commission paid at 15% and restricting it to 10% of sales turnover. The Court emphasized the need for proper examination and reasoning, stating that the Tribunal lacked justification for the disallowance. The Court highlighted the importance of applying the provisions of the Income Tax Act and providing adequate reasoning for any disallowances, remanding the matter for re-examination. Case-Laws Income Tax Fri, 18 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334955