https://www.taxtmi.com/caselaws?id=367066 The High Court upheld the Tribunal's decision in a tax appeal case involving disallowance under Section 40(a)(ia) of the Income Tax Act, 1961. The court ruled that no question of law arose as there was no principal-agent relationship between the assessee, engaged in air ticketing, and the travel agents to whom commissions were paid. The court emphasized the need for a principal-agent relationship for tax implications on commission payments, highlighting the specific facts and nature of the relationship in determining tax treatment. en-us Mon, 10 Sep 2018 00:00:00 +0530 Fri, 14 Sep 2018 07:49:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367066 The High Court upheld the Tribunal's decision in a tax appeal case involving disallowance under Section 40(a)(ia) of the Income Tax Act, 1961. The court ruled that no question of law arose as there was no principal-agent relationship between the assessee, engaged in air ticketing, and the travel agents to whom commissions were paid. The court emphasized the need for a principal-agent relationship for tax implications on commission payments, highlighting the specific facts and nature of the relationship in determining tax treatment. Case-Laws Income Tax Mon, 10 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367066