https://www.taxtmi.com/caselaws?id=427762 The Tribunal dismissed the revenue's appeals and affirmed the CIT(A)'s orders. The Tribunal held that the commission paid to directors was for services rendered, not dividend distribution, and the principle of consistency should be respected. Additionally, the advances from customers were genuine, duly accounted for, and adjusted against sales in subsequent years, preventing double taxation. The Tribunal's decision was based on factual findings and legal principles, ultimately upholding the assessee's position in both matters. en-us Mon, 12 Sep 2022 00:00:00 +0530 Thu, 15 Sep 2022 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427762 The Tribunal dismissed the revenue's appeals and affirmed the CIT(A)'s orders. The Tribunal held that the commission paid to directors was for services rendered, not dividend distribution, and the principle of consistency should be respected. Additionally, the advances from customers were genuine, duly accounted for, and adjusted against sales in subsequent years, preventing double taxation. The Tribunal's decision was based on factual findings and legal principles, ultimately upholding the assessee's position in both matters. Case-Laws Income Tax Mon, 12 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427762