https://www.taxtmi.com/caselaws?id=38382 A genuine selling agency arrangement supported full deduction of commission as business expenditure where the payment was undisputed, the agent assumed contractual responsibilities and risk, and there was no finding that any part was paid for extra-commercial consideration or was excessive. The governing test was whether the expenditure was laid out wholly and exclusively for business purposes from the businessman's point of view. In the absence of proof identifying any non-business element, the commission could not be apportioned and partly disallowed; the entire amount was therefore allowable as a business deduction. en-us Fri, 18 Jun 1976 00:00:00 +0530 Mon, 05 Apr 2010 18:18:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38382 A genuine selling agency arrangement supported full deduction of commission as business expenditure where the payment was undisputed, the agent assumed contractual responsibilities and risk, and there was no finding that any part was paid for extra-commercial consideration or was excessive. The governing test was whether the expenditure was laid out wholly and exclusively for business purposes from the businessman's point of view. In the absence of proof identifying any non-business element, the commission could not be apportioned and partly disallowed; the entire amount was therefore allowable as a business deduction. Case-Laws Income Tax Fri, 18 Jun 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38382