https://www.taxtmi.com/caselaws?id=407885 The Tribunal overturned the penalty imposed on the appellant for the disallowance of commission, emphasizing that mere inability to substantiate a claim does not justify a penalty without positive evidence to the contrary. The Tribunal's decision was based on legal principles and the lack of requirement to mention the commission agent's name in purchase bills. The Tribunal's analysis focused on the lack of concrete evidence to support the penalty, leading to the decision to set aside the penalty order and direct the deletion of the penalty under section 271(1)(c) of the Act. en-us Mon, 24 May 2021 00:00:00 +0530 Tue, 25 May 2021 08:38:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407885 The Tribunal overturned the penalty imposed on the appellant for the disallowance of commission, emphasizing that mere inability to substantiate a claim does not justify a penalty without positive evidence to the contrary. The Tribunal's decision was based on legal principles and the lack of requirement to mention the commission agent's name in purchase bills. The Tribunal's analysis focused on the lack of concrete evidence to support the penalty, leading to the decision to set aside the penalty order and direct the deletion of the penalty under section 271(1)(c) of the Act. Case-Laws Income Tax Mon, 24 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407885