2006 (2) TMI 122

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.... J.-The above tax case appeal is directed against the order of the Income-tax Appellate Tribunal in I.T.A. No. 1279/Mds/93 dated March 27, 2002, raising the following substantial questions of law: "1. Whether, on the facts and in the circumstances of the case the Income-tax Appellate Tribunal was right in law in deleting the addition in respect of commission paid to sister concern under section....

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....der section 143(3) and the total income was determined at Rs. 34,74,150. While completing the assessment, the Assessing Officer disallowed the commission amount of Rs. 2,00,000 paid to M/s. Nippon Enterprises (South), a sister concern, and also disallowed the claim towards depreciation at 100 per cent, of Rs. 4,50,815 in respect of addition of temporary erection. Aggrieved by the said order, the a....

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.... per cent, depreciation. We have heard learned senior standing counsel for the appellant. The findings given by the Tribunal were based on the records and evidence. The Tribunal after considering the relevant materials came to the conclusion that the commission payment was not found to be unreasonable and further found that the commission payment when compared with the commission offered by ....