Commission Disallowed for Lack of Justifiable Services by M/s. Laxmi & Co. u/s 40A(2) of Income Tax Act.

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....Commission to sole selling agent - Reasonableness - There was no service provided by the partners of M/s. Laxmi & Co. in respect of manufacture and sale of production to justify huge commission - claim disallowed u/s 40A(2) - HC....