High Court Rules Tax Status of Recipients Irrelevant in Deductibility of Commissions u/s 40A(2)(b.

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....Disallowance u/s40A(2)(b) - commission paid to his son, daughter and daughters-in-law - the fact that the recipients of the alleged commission in the present case had paid tax at the highest level is irrelevant to the question whether the appellant was entitled to deduct the amounts paid to them as commission - HC....