https://www.taxtmi.com/caselaws?id=55778 Commission paid to a sole selling agent, where approved under the company-law framework and supported by prior-year practice, is not to be disallowed as excessive or as a past-year item unless the revenue shows inadequate services or lack of business justification; accrued liability principles may support deduction. Bank guarantee commission paid to directors for personal guarantees can remain allowable when consistently paid and shown to be for business borrowing. Drainage and pollution-control contributions, car expenses, extra shift depreciation, incentive bonus, and employee bonus are allowable where linked to business needs, production, or established practice, subject to verification of the depreciation computation. en-us Thu, 19 Dec 1985 00:00:00 +0530 Tue, 30 Nov 2010 09:41:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55778 Commission paid to a sole selling agent, where approved under the company-law framework and supported by prior-year practice, is not to be disallowed as excessive or as a past-year item unless the revenue shows inadequate services or lack of business justification; accrued liability principles may support deduction. Bank guarantee commission paid to directors for personal guarantees can remain allowable when consistently paid and shown to be for business borrowing. Drainage and pollution-control contributions, car expenses, extra shift depreciation, incentive bonus, and employee bonus are allowable where linked to business needs, production, or established practice, subject to verification of the depreciation computation. Case-Laws Income Tax Thu, 19 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55778