1987 (3) TMI 34

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e Commissioner is whether the Tribunal was justified in allowing the assessee a deduction of Rs. 95,811 paid by it as a special commission to Orient Investment Private Limited. It is common ground that the commission was paid in respect of a property assessed under section 22 of the Income-tax Act, 1961. It is also common ground that the expenditure is allowable only if it falls within section 24(....