https://www.taxtmi.com/caselaws?id=24198 The High Court of Punjab and Haryana ruled in favor of the assessee, stating that section 40(c) of the Income-tax Act did not apply to disallow commission payments to a selling agent as the payments did not provide remuneration or benefits to the company's directors or their relatives. The court emphasized that the selling agent was a separate legal entity, and the commission paid did not fall under the purview of section 40(c). Therefore, no part of the commission was disallowed for the assessment years in question. en-us Mon, 09 Jan 1989 00:00:00 +0530 Mon, 18 Jan 2010 14:39:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24198 The High Court of Punjab and Haryana ruled in favor of the assessee, stating that section 40(c) of the Income-tax Act did not apply to disallow commission payments to a selling agent as the payments did not provide remuneration or benefits to the company's directors or their relatives. The court emphasized that the selling agent was a separate legal entity, and the commission paid did not fall under the purview of section 40(c). Therefore, no part of the commission was disallowed for the assessment years in question. Case-Laws Income Tax Mon, 09 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24198