https://www.taxtmi.com/caselaws?id=339083 The Tribunal allowed all four appeals filed by the assessee, confirming the legitimacy and business purpose of the professional fees paid to PASA. The penalties under Section 271(1)(c) were deleted, and the revenue's cross appeals were dismissed. The judgment emphasized the legality of 'success-based' fees for non-professional entities and the importance of substantiating business expenditures with adequate documentation. en-us Mon, 06 Feb 2017 00:00:00 +0530 Sat, 18 Feb 2017 14:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339083 The Tribunal allowed all four appeals filed by the assessee, confirming the legitimacy and business purpose of the professional fees paid to PASA. The penalties under Section 271(1)(c) were deleted, and the revenue's cross appeals were dismissed. The judgment emphasized the legality of 'success-based' fees for non-professional entities and the importance of substantiating business expenditures with adequate documentation. Case-Laws Income Tax Mon, 06 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339083