https://www.taxtmi.com/caselaws?id=57792 The Tribunal allowed the appeals of the assessee and dismissed those of the revenue. It upheld the commission payment to Givaudan Roure (India) Ltd. at 5% of turnover as reasonable, considering GRIL's significant contribution to increasing turnover and profit. Additionally, it allowed the professional fees paid to a Director, citing the individual's technical advice that led to business success. The Tribunal also deemed the royalty payment to Givaudan-Roure (International) SA, Switzerland, genuine and commercially justified, rejecting claims of tax avoidance and emphasizing its importance for business expansion and success. en-us Mon, 09 May 2005 00:00:00 +0530 Mon, 13 Dec 2010 14:40:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57792 The Tribunal allowed the appeals of the assessee and dismissed those of the revenue. It upheld the commission payment to Givaudan Roure (India) Ltd. at 5% of turnover as reasonable, considering GRIL's significant contribution to increasing turnover and profit. Additionally, it allowed the professional fees paid to a Director, citing the individual's technical advice that led to business success. The Tribunal also deemed the royalty payment to Givaudan-Roure (International) SA, Switzerland, genuine and commercially justified, rejecting claims of tax avoidance and emphasizing its importance for business expansion and success. Case-Laws Income Tax Mon, 09 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57792