https://www.taxtmi.com/caselaws?id=397146 The Tribunal upheld the disallowances of payment to the ex-employee for non-deduction of TDS under section 40(a)(ia) and expenses on gifts and rewards under section 37(1) of the Income Tax Act, 1961. The Tribunal found the payment to the ex-employee constituted commission, not compensation, and the expenses on gifts and rewards were deemed personal, not wholly and exclusively for business purposes. The miscellaneous application was dismissed, with the Tribunal stating that the arguments presented did not justify a review of the decision. en-us Tue, 28 Jul 2020 00:00:00 +0530 Thu, 06 Aug 2020 07:58:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397146 The Tribunal upheld the disallowances of payment to the ex-employee for non-deduction of TDS under section 40(a)(ia) and expenses on gifts and rewards under section 37(1) of the Income Tax Act, 1961. The Tribunal found the payment to the ex-employee constituted commission, not compensation, and the expenses on gifts and rewards were deemed personal, not wholly and exclusively for business purposes. The miscellaneous application was dismissed, with the Tribunal stating that the arguments presented did not justify a review of the decision. Case-Laws Income Tax Tue, 28 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397146