https://www.taxtmi.com/caselaws?id=58267 The Tribunal ruled in favor of the assessee-firm, allowing the entire selling agents commission paid as a deduction. It concluded that the commission rates were not excessive, justified by the company's incurred expenses and historical context of the agreement. The Tribunal disagreed with the assessing authority and Commissioner (Appeals), holding that no disallowance under section 40A(2) was warranted. en-us Mon, 19 Nov 1984 00:00:00 +0530 Sat, 18 Dec 2010 12:11:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58267 The Tribunal ruled in favor of the assessee-firm, allowing the entire selling agents commission paid as a deduction. It concluded that the commission rates were not excessive, justified by the company's incurred expenses and historical context of the agreement. The Tribunal disagreed with the assessing authority and Commissioner (Appeals), holding that no disallowance under section 40A(2) was warranted. Case-Laws Income Tax Mon, 19 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58267