https://www.taxtmi.com/caselaws?id=362010 The ITAT upheld the disallowance of Commission payment, the reopening of assessment, and the disallowance of deduction u/s. 80IB. It affirmed the AO's authority to make additions on issues that had escaped assessment during the proceedings under Section 147. The ITAT concluded that the commission payment was not eligible for deduction, as it had been disallowed in later years as well. The AO validly initiated proceedings under Section 147 and correctly disallowed the deduction claimed u/s. 80IB. The ITAT dismissed the contention that the reopening was bad in law and upheld the AO's exercise of jurisdiction in enquiring about commission payments and disallowing the same. en-us Fri, 15 Jun 2018 00:00:00 +0530 Sat, 04 Aug 2018 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362010 The ITAT upheld the disallowance of Commission payment, the reopening of assessment, and the disallowance of deduction u/s. 80IB. It affirmed the AO's authority to make additions on issues that had escaped assessment during the proceedings under Section 147. The ITAT concluded that the commission payment was not eligible for deduction, as it had been disallowed in later years as well. The AO validly initiated proceedings under Section 147 and correctly disallowed the deduction claimed u/s. 80IB. The ITAT dismissed the contention that the reopening was bad in law and upheld the AO's exercise of jurisdiction in enquiring about commission payments and disallowing the same. Case-Laws Income Tax Fri, 15 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362010