https://www.taxtmi.com/caselaws?id=279723 The Tribunal partly allowed the revenue's appeal and dismissed the assessee's appeal in a case involving the deletion of an addition made by the AO on account of sales commission, reallocation of expenses among three segments, disallowance of excess current liability towards the head office account, disallowance of deduction under Section 44C, and levy of interest under Section 234B. The Tribunal upheld the disallowance of a portion of the sales commission but remanded the issue of payment to Ms. Latha Gehani back to the AO for further examination. The Tribunal also corrected the reallocation of expenses among segments and allowed the excess current liability towards the head office account. en-us Tue, 18 Apr 2017 00:00:00 +0530 Wed, 03 Apr 2019 05:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279723 The Tribunal partly allowed the revenue's appeal and dismissed the assessee's appeal in a case involving the deletion of an addition made by the AO on account of sales commission, reallocation of expenses among three segments, disallowance of excess current liability towards the head office account, disallowance of deduction under Section 44C, and levy of interest under Section 234B. The Tribunal upheld the disallowance of a portion of the sales commission but remanded the issue of payment to Ms. Latha Gehani back to the AO for further examination. The Tribunal also corrected the reallocation of expenses among segments and allowed the excess current liability towards the head office account. Case-Laws Income Tax Tue, 18 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279723