https://www.taxtmi.com/caselaws?id=381759 The tribunal upheld the disallowance of commission paid under Section 40A(2)(b) of the Act, finding the higher rate paid to a related party unjustifiable. It also affirmed the disallowance of TDS on interest payments under Section 40(a)(ia) due to non-compliance with Section 194. However, the tribunal directed the deletion of the addition of unexplained expenditure under Section 69C, considering the declared income of the assessee. Overall, the tribunal partially allowed the assessee's appeal, addressing various issues in the assessment for the relevant year. en-us Tue, 14 May 2019 00:00:00 +0530 Tue, 18 Jun 2019 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381759 The tribunal upheld the disallowance of commission paid under Section 40A(2)(b) of the Act, finding the higher rate paid to a related party unjustifiable. It also affirmed the disallowance of TDS on interest payments under Section 40(a)(ia) due to non-compliance with Section 194. However, the tribunal directed the deletion of the addition of unexplained expenditure under Section 69C, considering the declared income of the assessee. Overall, the tribunal partially allowed the assessee's appeal, addressing various issues in the assessment for the relevant year. Case-Laws Income Tax Tue, 14 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381759