https://www.taxtmi.com/caselaws?id=29563 The court declined to intervene in the matter concerning the taxation of forgone commission income by the assessee, M/s. Sujan Singh Sadana. The court found the issue to be factual rather than legal, emphasizing the lack of evidence supporting the business reasons for forgoing the commission. As the commission income was not received during the assessment years and no legal question regarding its taxation arose, the court rejected the reference application under the Income Tax Act. en-us Mon, 04 Jan 1982 00:00:00 +0530 Sat, 13 Mar 2010 17:20:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29563 The court declined to intervene in the matter concerning the taxation of forgone commission income by the assessee, M/s. Sujan Singh Sadana. The court found the issue to be factual rather than legal, emphasizing the lack of evidence supporting the business reasons for forgoing the commission. As the commission income was not received during the assessment years and no legal question regarding its taxation arose, the court rejected the reference application under the Income Tax Act. Case-Laws Income Tax Mon, 04 Jan 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29563