https://www.taxtmi.com/caselaws?id=32060 The court ruled in favor of the assessee on both issues. The payment of commission at 15% of net sales was deemed justified based on previous case law, emphasizing the reasonableness of expenditure. Additionally, the deduction of bank guarantee commission to directors and relatives for business purposes was permitted, following favorable judgments supporting the assessee's position. Consequently, the appeals were dismissed as lacking merit. en-us Thu, 25 Sep 2008 00:00:00 +0530 Sat, 10 Jan 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32060 The court ruled in favor of the assessee on both issues. The payment of commission at 15% of net sales was deemed justified based on previous case law, emphasizing the reasonableness of expenditure. Additionally, the deduction of bank guarantee commission to directors and relatives for business purposes was permitted, following favorable judgments supporting the assessee's position. Consequently, the appeals were dismissed as lacking merit. Case-Laws Income Tax Thu, 25 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32060