Taxpayer Must Justify Year-End Commission Payment Due to Suspicious Timing and Quick Withdrawal.

Taxpayer Must Justify Year-End Commission Payment Due to Suspicious Timing and Quick Withdrawal. https://www.taxtmi.com/highlights?id=43909 Disallowance of payment of commission - The fact that the amount was transferred at the fag end of the financial year in the accounts of these parties and immediately thereafter was withdrawn again shifting the burden on the assessee to prove the claim of expenditure. en-us Wed, 16 Jan 2019 09:56:52 +0530 Wed, 16 Jan 2019 09:56:52 +0530 TaxTMI RSS Generator Taxpayer Must Justify Year-End Commission Payment Due to Suspicious Timing and Quick Withdrawal. https://www.taxtmi.com/highlights?id=43909 Disallowance of payment of commission - The fact that the amount was transferred at the fag end of the financial year in the accounts of these parties and immediately thereafter was withdrawn again shifting the burden on the assessee to prove the claim of expenditure. Highlights Income Tax Wed, 16 Jan 2019 09:56:52 +0530 https://www.taxtmi.com/highlights?id=43909