https://www.taxtmi.com/caselaws?id=359258 The High Court upheld the decisions of the Income Tax Appellate Tribunal, dismissing the Tax Case Appeals and ruling in favor of the assessees on both issues raised in the appeal. The Court found that the amounts paid by the company towards personal expenses of the assessee were not taxable under Section 2(24)(iv) due to the routing through the franchisee. Additionally, the Court confirmed the remand on the issue of receipt of commission, stating that the Tribunal's decision was justified based on legal and factual considerations. en-us Wed, 04 Apr 2018 00:00:00 +0530 Fri, 08 Jun 2018 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359258 The High Court upheld the decisions of the Income Tax Appellate Tribunal, dismissing the Tax Case Appeals and ruling in favor of the assessees on both issues raised in the appeal. The Court found that the amounts paid by the company towards personal expenses of the assessee were not taxable under Section 2(24)(iv) due to the routing through the franchisee. Additionally, the Court confirmed the remand on the issue of receipt of commission, stating that the Tribunal's decision was justified based on legal and factual considerations. Case-Laws Income Tax Wed, 04 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359258