https://www.taxtmi.com/caselaws?id=24788 Commission expenditure claimed by the assessee was treated as fictitious and disallowed, and the Tribunal sustained the disallowance while also noting that any legitimate expenditure incurred by Ganesh Sales Agency could still be quantified and allowed. The High Court held that these facts gave rise to a referable question of law on whether the expenditure incurred by the agency was allowable as business expenditure of the assessee under the Income-tax Act. The question was answered in the affirmative, and reference was permitted. en-us Wed, 22 Jun 1988 00:00:00 +0530 Fri, 22 Jan 2010 13:39:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24788 Commission expenditure claimed by the assessee was treated as fictitious and disallowed, and the Tribunal sustained the disallowance while also noting that any legitimate expenditure incurred by Ganesh Sales Agency could still be quantified and allowed. The High Court held that these facts gave rise to a referable question of law on whether the expenditure incurred by the agency was allowable as business expenditure of the assessee under the Income-tax Act. The question was answered in the affirmative, and reference was permitted. Case-Laws Income Tax Wed, 22 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24788