1981 (2) TMI 73

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....elivered by S. P. GOYAL J.-The assessee-company during the accounting year 1961-62 claimed a deduction of Rs.. 69,228 stated to have been paid as commission to M/s. Textile Processing Agency, Amritsar, for procuring business for the assessee. This amount was disallowed by the ITO but, on appeal, the AAC modified the order and allowed a deduction of Rs. 33,809, the amount actually incurred by wa....