Tribunal Caps Sub Brokerage Expense Disallowance at 10%, Rejects Proposed 20% as Unreasonable in Case Circumstances.

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....Disallowance to 10% of the sub brokerage expenses - the Tribunal not accepting 20% disallowance and limiting the disallowance to 10% in these facts cannot be said to be perverse in any manner. the Tribunal not accepting 20% disallowance and limiting the disallowance to 10% in these facts cannot be said to be perverse in any manner.....