https://www.taxtmi.com/caselaws?id=427829 The Court allowed the appeal, setting aside the Tribunal's decision and restoring the Commissioner of Income Tax [Appeals]'s decision in favor of the appellant/assessee. The Court emphasized the importance of considering commercial expediency and business nature in determining the deductibility of commission payments. The revenue failed to prove that the payments were not in the nature of commission, and the Court found that the assessee had provided necessary particulars and documents to support the deductibility of the payments. The burden of proof was not met by the revenue, leading to a favorable outcome for the appellant/assessee. en-us Fri, 09 Sep 2022 00:00:00 +0530 Sat, 17 Sep 2022 07:58:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427829 The Court allowed the appeal, setting aside the Tribunal's decision and restoring the Commissioner of Income Tax [Appeals]'s decision in favor of the appellant/assessee. The Court emphasized the importance of considering commercial expediency and business nature in determining the deductibility of commission payments. The revenue failed to prove that the payments were not in the nature of commission, and the Court found that the assessee had provided necessary particulars and documents to support the deductibility of the payments. The burden of proof was not met by the revenue, leading to a favorable outcome for the appellant/assessee. Case-Laws Income Tax Fri, 09 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427829