https://www.taxtmi.com/caselaws?id=432419 The Tribunal upheld the CIT(A)'s findings on the disallowance of excess commission paid under Section 40(b)(v), dismissing the appeal and deleting the disallowance of Rs. 66,43,474. Regarding the non-deduction of TDS on commission paid to partners, the Tribunal confirmed that there is no requirement for TDS deduction, deleting the disallowance of Rs. 14,82,595 under Section 40(a)(ia). However, the Tribunal partially allowed the appeal on the disallowance of various expenses, sustaining a disallowance of Rs. 15,00,000 instead of Rs. 3,62,37,711. The general ground of appeal required no adjudication. en-us Mon, 02 Jan 2023 00:00:00 +0530 Thu, 05 Jan 2023 08:26:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432419 The Tribunal upheld the CIT(A)'s findings on the disallowance of excess commission paid under Section 40(b)(v), dismissing the appeal and deleting the disallowance of Rs. 66,43,474. Regarding the non-deduction of TDS on commission paid to partners, the Tribunal confirmed that there is no requirement for TDS deduction, deleting the disallowance of Rs. 14,82,595 under Section 40(a)(ia). However, the Tribunal partially allowed the appeal on the disallowance of various expenses, sustaining a disallowance of Rs. 15,00,000 instead of Rs. 3,62,37,711. The general ground of appeal required no adjudication. Case-Laws Income Tax Mon, 02 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432419