https://www.taxtmi.com/caselaws?id=275988 The Tribunal upheld the CIT(A)'s decision in a tax case involving the non-deduction of tax on commission paid to a non-resident, ruling that the commission income was not taxable in India. Additionally, the Tribunal affirmed the disallowance of prior period expenses as business expenditure, stating that such expenses should be accounted for in the year they were incurred. The Tribunal dismissed both the revenue's appeal and the assessee's cross objections, maintaining the lower authorities' rulings on both issues. en-us Fri, 07 Aug 2015 00:00:00 +0530 Thu, 25 Oct 2018 08:09:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275988 The Tribunal upheld the CIT(A)'s decision in a tax case involving the non-deduction of tax on commission paid to a non-resident, ruling that the commission income was not taxable in India. Additionally, the Tribunal affirmed the disallowance of prior period expenses as business expenditure, stating that such expenses should be accounted for in the year they were incurred. The Tribunal dismissed both the revenue's appeal and the assessee's cross objections, maintaining the lower authorities' rulings on both issues. Case-Laws Income Tax Fri, 07 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275988