https://www.taxtmi.com/caselaws?id=795065 Where commission-related expenditure is not fully supported by documentary evidence, the deduction may be estimated on a reasonable basis rather than restricted to the claimed amount or a nominal percentage. The notes state that substantial commission activity necessarily entails assistance, administrative and incidental costs; considering the taxpayer's age, the scale of activity and cash withdrawals, a 10% estimate was inadequate. Deductible expenditure was therefore estimated at 20% of gross commission receipts, with income to be recomputed accordingly. en-us Wed, 17 Jun 2026 00:00:00 +0530 Thu, 16 Jul 2026 09:07:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795065 Where commission-related expenditure is not fully supported by documentary evidence, the deduction may be estimated on a reasonable basis rather than restricted to the claimed amount or a nominal percentage. The notes state that substantial commission activity necessarily entails assistance, administrative and incidental costs; considering the taxpayer's age, the scale of activity and cash withdrawals, a 10% estimate was inadequate. Deductible expenditure was therefore estimated at 20% of gross commission receipts, with income to be recomputed accordingly. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795065