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2015 (10) TMI 2817 - AT - Income TaxAddition on account of commission expenses claimed on sales - No proof of business use of the expenditure claimed - whether merely furnishing of confirmations, PAN, copy of return and bank statements cannot in all cases tantamount to satisfactory discharge of onus the part of the assessee company, in establishing that services were actually rendered by the brokers? - HELD THAT:- As relying on own case [2015 (1) TMI 98 - ITAT JAIPUR] books of account are audited which has been accepted by the Assessing Officer, sale and purchase have been treated genuine, but doubted the commission payment and the AO made addition on surmises and conjectures. Therefore, we are of the considered view that commission paid by the assessee either on sale and purchase are allowable as the expenses incurred wholly and exclusively for the purpose of business u/s 37 - Decided in favour of assessee.
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