https://www.taxtmi.com/caselaws?id=395364 The case involved the disallowance of commission expenses paid by the assessee to group companies. The Revenue alleged the expenses were inflated to reduce tax liability. The Assessing Officer disallowed the expenses under the Income Tax Act, emphasizing the lack of genuine business purposes. The CIT(A) upheld this decision, citing tax evasion and directing verification for each assessment year. The ITAT Pune set aside the CIT(A)'s order, urging a detailed reasoning and necessary verifications, remanding the matter for compliance with natural justice principles. en-us Thu, 12 Mar 2020 00:00:00 +0530 Mon, 18 May 2020 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395364 The case involved the disallowance of commission expenses paid by the assessee to group companies. The Revenue alleged the expenses were inflated to reduce tax liability. The Assessing Officer disallowed the expenses under the Income Tax Act, emphasizing the lack of genuine business purposes. The CIT(A) upheld this decision, citing tax evasion and directing verification for each assessment year. The ITAT Pune set aside the CIT(A)'s order, urging a detailed reasoning and necessary verifications, remanding the matter for compliance with natural justice principles. Case-Laws Income Tax Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395364