https://www.taxtmi.com/caselaws?id=305307 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s decision to delete the disallowance of commission expenses amounting to Rs. 1,64,08,950/- for the assessment year 2011-12. The Tribunal found that the commission expenses were genuine and necessary for the business operations, as the agents provided crucial services in facilitating sales to farmers. The decision was supported by evidence presented, including details of agents, services rendered, and bank transactions. The Tribunal emphasized the essential role played by commission agents and aligned its decision with a similar case precedent from the Jurisdictional High Court. en-us Sat, 16 Jan 2016 00:00:00 +0530 Tue, 29 Nov 2022 09:12:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305307 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s decision to delete the disallowance of commission expenses amounting to Rs. 1,64,08,950/- for the assessment year 2011-12. The Tribunal found that the commission expenses were genuine and necessary for the business operations, as the agents provided crucial services in facilitating sales to farmers. The decision was supported by evidence presented, including details of agents, services rendered, and bank transactions. The Tribunal emphasized the essential role played by commission agents and aligned its decision with a similar case precedent from the Jurisdictional High Court. Case-Laws Income Tax Sat, 16 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305307