https://www.taxtmi.com/caselaws?id=286697 The Tribunal disallowed commission payments claimed by a company engaged in manufacturing and sales as business expenditures under Section 37 of the Income Tax Act, 1961. The Assessing Officer's disallowance was upheld as the company failed to prove the actual services rendered by agents beyond general correspondences. The Tribunal emphasized that agreements and payment methods alone do not validate expenditures without evidence of services. The revenue's appeal was allowed, dismissing the company's appeal for the assessment years 2009-10 and 2010-11, concluding that the commission payments were not allowable as business expenditures. en-us Wed, 30 Dec 2015 00:00:00 +0530 Thu, 12 Mar 2020 07:15:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286697 The Tribunal disallowed commission payments claimed by a company engaged in manufacturing and sales as business expenditures under Section 37 of the Income Tax Act, 1961. The Assessing Officer's disallowance was upheld as the company failed to prove the actual services rendered by agents beyond general correspondences. The Tribunal emphasized that agreements and payment methods alone do not validate expenditures without evidence of services. The revenue's appeal was allowed, dismissing the company's appeal for the assessment years 2009-10 and 2010-11, concluding that the commission payments were not allowable as business expenditures. Case-Laws Income Tax Wed, 30 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286697