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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 s .....

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was send to Mr. A he confirmed to A O that he acted as a commission agent, still the A O disallowed all the commission expenditure just because M/S DEF & Co. i. e. the purchaser party issued a negative reply that no commission agent was involved .....

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