https://www.taxtmi.com/highlights?id=79927 Commission paid to director is allowable business expenditure u/s 36(1)(ii) as assessee provided substantial evidence demonstrating services rendered and resultant benefits; AO failed to prove payment was made to avoid DDT. Weighted deduction claim u/s 35(2AB) allowed in full; AO cannot solely rely on DSIR report without considering assessee's books of accounts and chartered accountant's certification. Principles of natural justice require providing reasons for reducing claim and opportunity to respond. en-us Wed, 31 Jul 2024 08:36:37 +0530 Wed, 31 Jul 2024 08:36:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79927 Commission paid to director is allowable business expenditure u/s 36(1)(ii) as assessee provided substantial evidence demonstrating services rendered and resultant benefits; AO failed to prove payment was made to avoid DDT. Weighted deduction claim u/s 35(2AB) allowed in full; AO cannot solely rely on DSIR report without considering assessee's books of accounts and chartered accountant's certification. Principles of natural justice require providing reasons for reducing claim and opportunity to respond. Highlights Income Tax Wed, 31 Jul 2024 08:36:37 +0530 https://www.taxtmi.com/highlights?id=79927