https://www.taxtmi.com/caselaws?id=460770 The ITAT Delhi allowed the assessee's appeal regarding commission expenses claimed under section 37(1). The tribunal found that the assessee provided names, addresses, PANs of commission recipients, TDS details, and confirmations from parties. Several parties were examined and confirmed rendering services. The tribunal held that the AO should have used powers under section 131 to summon non-appearing parties rather than penalizing the assessee. However, the tribunal upheld the 10% disallowance of other expenses lacking business purpose evidence, confirming the CIT(A)'s order due to potential personal element involvement. en-us Tue, 06 Mar 2018 00:00:00 +0530 Tue, 18 Feb 2025 13:32:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460770 The ITAT Delhi allowed the assessee's appeal regarding commission expenses claimed under section 37(1). The tribunal found that the assessee provided names, addresses, PANs of commission recipients, TDS details, and confirmations from parties. Several parties were examined and confirmed rendering services. The tribunal held that the AO should have used powers under section 131 to summon non-appearing parties rather than penalizing the assessee. However, the tribunal upheld the 10% disallowance of other expenses lacking business purpose evidence, confirming the CIT(A)'s order due to potential personal element involvement. Case-Laws Income Tax Tue, 06 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460770