https://www.taxtmi.com/caselaws?id=369152 The Tribunal allowed the appeal of a Private Limited Company engaged in manufacturing industrial explosives for the Assessment Year 2005-06. The disallowance of commission and incentive paid by the assessee was overturned, following the presentation of evidence regarding payments made through cheques with TDS deductions, the nature of services provided by commission agents, and the precedent set by a Co-ordinate Bench decision and a favorable ruling in a related case. The Tribunal found that the assessee had sufficiently proven the legitimacy of the claims, leading to the reversal of the disallowance by the Assessing Officer and CIT(A). en-us Mon, 15 Oct 2018 00:00:00 +0530 Mon, 22 Oct 2018 09:54:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369152 The Tribunal allowed the appeal of a Private Limited Company engaged in manufacturing industrial explosives for the Assessment Year 2005-06. The disallowance of commission and incentive paid by the assessee was overturned, following the presentation of evidence regarding payments made through cheques with TDS deductions, the nature of services provided by commission agents, and the precedent set by a Co-ordinate Bench decision and a favorable ruling in a related case. The Tribunal found that the assessee had sufficiently proven the legitimacy of the claims, leading to the reversal of the disallowance by the Assessing Officer and CIT(A). Case-Laws Income Tax Mon, 15 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369152