https://www.taxtmi.com/caselaws?id=349381 The Tribunal partially allowed the appeal, permitting the deduction of interest paid to beneficiaries and deleting the disallowance of commission payments. The Tribunal emphasized the importance of considering substance over form in accounting presentations and upheld the business necessity of the disputed payments. The appeals were disposed of with these findings, and the order was pronounced on October 9, 2017. en-us Mon, 09 Oct 2017 00:00:00 +0530 Thu, 12 Oct 2017 08:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349381 The Tribunal partially allowed the appeal, permitting the deduction of interest paid to beneficiaries and deleting the disallowance of commission payments. The Tribunal emphasized the importance of considering substance over form in accounting presentations and upheld the business necessity of the disputed payments. The appeals were disposed of with these findings, and the order was pronounced on October 9, 2017. Case-Laws Income Tax Mon, 09 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349381