https://www.taxtmi.com/caselaws?id=29346 The High Court upheld the Tribunal's findings in favor of the Revenue, determining that the commissions paid to R. S. Goenka and S. K. Goenka were not for services rendered but influenced by their relationship with an executive. The Court agreed that the evidence presented was not credible, lacking contemporaneity and appearing motivated. The Tribunal's decision was supported as not based on conjectures, with the Court ruling in favor of the Revenue on all questions referred. Each party was directed to bear their own costs. en-us Tue, 30 Mar 1982 00:00:00 +0530 Fri, 12 Mar 2010 13:07:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29346 The High Court upheld the Tribunal's findings in favor of the Revenue, determining that the commissions paid to R. S. Goenka and S. K. Goenka were not for services rendered but influenced by their relationship with an executive. The Court agreed that the evidence presented was not credible, lacking contemporaneity and appearing motivated. The Tribunal's decision was supported as not based on conjectures, with the Court ruling in favor of the Revenue on all questions referred. Each party was directed to bear their own costs. Case-Laws Income Tax Tue, 30 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29346