https://www.taxtmi.com/caselaws?id=380773 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of commission payments to M/s A. S. Marketing and M/s Action Udyog, citing substantial evidence of services rendered and a profit-sharing arrangement. Additionally, the Tribunal supported the deletion of disallowance under Section 14A, limiting it to the actual exempt income earned. The appeal was partially allowed in favor of the revenue regarding the disallowance under Section 14A, while major disallowances were upheld in favor of the assessee. en-us Thu, 23 May 2019 00:00:00 +0530 Tue, 28 May 2019 08:08:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380773 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of commission payments to M/s A. S. Marketing and M/s Action Udyog, citing substantial evidence of services rendered and a profit-sharing arrangement. Additionally, the Tribunal supported the deletion of disallowance under Section 14A, limiting it to the actual exempt income earned. The appeal was partially allowed in favor of the revenue regarding the disallowance under Section 14A, while major disallowances were upheld in favor of the assessee. Case-Laws Income Tax Thu, 23 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380773