https://www.taxtmi.com/caselaws?id=37770 The court remanded the issue of remuneration paid to Sampat & Co. back to the Tribunal for reconsideration for the assessment years 1963-64 and 1964-65. The commissions paid to Mangilal Sethia and Mangilal Bhikamchand were found not deductible as business expenditure. The court upheld the Tribunal's findings that the agreements with the agents were nominal and make-believe, answering in favor of the revenue. The reference was disposed of with no order as to costs. en-us Mon, 28 Aug 1978 00:00:00 +0530 Thu, 01 Apr 2010 10:24:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37770 The court remanded the issue of remuneration paid to Sampat & Co. back to the Tribunal for reconsideration for the assessment years 1963-64 and 1964-65. The commissions paid to Mangilal Sethia and Mangilal Bhikamchand were found not deductible as business expenditure. The court upheld the Tribunal's findings that the agreements with the agents were nominal and make-believe, answering in favor of the revenue. The reference was disposed of with no order as to costs. Case-Laws Income Tax Mon, 28 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37770