https://www.taxtmi.com/caselaws?id=464192 ITAT upheld deletion of disallowance for commission payments to 16 long-standing parties and confirmed deletion of the Section 14A/Rule 8D addition on the basis that no dividend income was earned. A disallowance relating to a transaction with a foreign counterparty was set aside and remitted to the AO for verification of invoices, ledger entries, credit notes and Form 15CA/15CB records produced by the assessee. The addition for consultancy charges was deleted. en-us Fri, 28 Feb 2025 00:00:00 +0530 Thu, 09 Oct 2025 20:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464192 ITAT upheld deletion of disallowance for commission payments to 16 long-standing parties and confirmed deletion of the Section 14A/Rule 8D addition on the basis that no dividend income was earned. A disallowance relating to a transaction with a foreign counterparty was set aside and remitted to the AO for verification of invoices, ledger entries, credit notes and Form 15CA/15CB records produced by the assessee. The addition for consultancy charges was deleted. Case-Laws Income Tax Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464192