https://www.taxtmi.com/caselaws?id=773838 The HC dismissed the appeal against ITAT's order, holding that all contested issues were purely factual and did not raise substantial questions of law. The court upheld the 5% disallowance of expenses lacking proper business records and confirmed disallowance of commission payments to two individuals who allegedly lacked knowledge of the business. The court ruled that factual determinations by lower authorities, including reliance on oral evidence and third-party statements over documentary evidence, were permissible when based on thorough examination of circumstances and did not warrant judicial interference. en-us Wed, 25 Jun 2025 00:00:00 +0530 Sat, 28 Jun 2025 08:35:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773838 The HC dismissed the appeal against ITAT's order, holding that all contested issues were purely factual and did not raise substantial questions of law. The court upheld the 5% disallowance of expenses lacking proper business records and confirmed disallowance of commission payments to two individuals who allegedly lacked knowledge of the business. The court ruled that factual determinations by lower authorities, including reliance on oral evidence and third-party statements over documentary evidence, were permissible when based on thorough examination of circumstances and did not warrant judicial interference. Case-Laws Income Tax Wed, 25 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773838