https://www.taxtmi.com/caselaws?id=29395 The High Court upheld the disallowance of Rs. 25,000 in commission paid by M/s. Precision Instrument Manufacturing Co. to Chandra Sales Corporation for the assessment year 1965-66. The Court determined that the payment was not incurred wholly and exclusively for the purpose of the business as the selling agents were not qualified to promote sales, and the arrangement seemed to be driven by non-business motives. The Court ruled in favor of the department, requiring the assessee to cover the costs. en-us Wed, 11 Feb 1981 00:00:00 +0530 Fri, 12 Mar 2010 15:37:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29395 The High Court upheld the disallowance of Rs. 25,000 in commission paid by M/s. Precision Instrument Manufacturing Co. to Chandra Sales Corporation for the assessment year 1965-66. The Court determined that the payment was not incurred wholly and exclusively for the purpose of the business as the selling agents were not qualified to promote sales, and the arrangement seemed to be driven by non-business motives. The Court ruled in favor of the department, requiring the assessee to cover the costs. Case-Laws Income Tax Wed, 11 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29395