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Disallowance of Commission Expenditure

Income Tax - Started By: - RAVI SONI - Dated:- 26-5-2015 Last Replied Date:- 29-5-2015 - M/A XYZ & Co. is a seller and M/S DEF & Co. is a purchaser and Mr. A is acting as a middleman / commission agent on behalf of M/S XYZ & Co. ,during scrutiny proceedings the A O disallowed expenditure on commission on the basis that the purchaser party deny to recognize any middleman / commission agent during the course of transaction of purchase of goods from M/S XYZ & Co.However when notices .....

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