https://www.taxtmi.com/caselaws?id=430776 The Tribunal partly allowed the Revenue's appeal, upholding the CIT(A)'s decisions on disallowance under Section 14A and bogus purchases but reversing the decision on commission expenses. The Tribunal stressed the requirement for concrete evidence of services rendered to support commission expenses and maintained a cautious approach towards disallowances exceeding exempted income. en-us Wed, 09 Nov 2022 00:00:00 +0530 Sun, 27 Nov 2022 21:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430776 The Tribunal partly allowed the Revenue's appeal, upholding the CIT(A)'s decisions on disallowance under Section 14A and bogus purchases but reversing the decision on commission expenses. The Tribunal stressed the requirement for concrete evidence of services rendered to support commission expenses and maintained a cautious approach towards disallowances exceeding exempted income. Case-Laws Income Tax Wed, 09 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430776