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Kishorbhai Devishbhai Iyava Versus Income Tax Officer

2016 (10) TMI 627 - GUJARAT HIGH COURT

Disallowance of commission expenditure - Tribunal confirming disallowance - Held that:- The entire issue is based on factual aspects and upon appreciation of materials on record. The assessee does not dispute having earned commission income but claim .....

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of service rendered by the recipients of the payments. No substantial question of law - Decided against assessee. - Tax Appeal No. 632 of 2016 - Dated:- 22-8-2016 - Akil Kureshi And A. J. Shastri, JJ. Mr Tushar P Hemani, Advocate for the Appellant Ms .....

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, the issue being common. Learned counsel for the assessee addressed us on the following question suggested in the tax appeal: Whether in the facts and circumstances of the case, the Income Tax Appellate Tribunal was right in law in confirming disall .....

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pertains to allowing expenditure deduction in the commission income of ₹ 10.79 lacs (rounded off) earned by the assessee. In the original return which the assessee filed for the assessment year 2011-12, the assessee had not shown any such inco .....

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g Officer, after giving notice to the assessee and calling for various details, rejected such claim inter alia on the grounds that the assessee had not made any such claim in the original return and the details of work done by the commission agents, .....

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m the assessee and the nature of services rendered by them. The CIT (Appeals) noted that the assessee took multiple adjournments and supplied the details of the recipients of the payment nearly four months later. Despite adjournments, the assessee di .....

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