Agents incentive expenses - AO has not established that the ...

Income Tax

March 1, 2014

Agents incentive expenses - AO has not established that the payments made to the related parties are excessive or unreasonable under the three criterias specified in section 40A(2)(a) - expense allowed - AT

View Source

← Previous Next →

Agents incentive expenses - AO has not established that the ...

Income Tax

March 1, 2014

You may also like:

TDS provisions were complied with by agent, who had made payment on behalf the principal assessee - no disallowance of expenses in the hands of assessee - AT

Addition of commission expenses and franking charges - Allowable business expenditure or not? - The Tribunal acknowledged that the assessee had provided details of the...

Classification of services - The Tribunal established that amounts received as incentives, productivity-linked bonuses, and boarding incentives from airlines are taxable...

Discount versus commission - ‘Marketing Expenses’ including ‘Incentive and Discount’ - TDS u/s 194H - AT

Disallowance of service charges/commission payment - The assessee had admittedly appointed these agents to whom the payments were made to properly execute the sales...

Disallowance of commission paid - the payments were made by an agent and there was no evidence to suggest that the assessee had made any illegal commission payment to...

Classification of service - Services in relation to providing vehicles to associates, in course of its business activities - The Tribunal found that the services related...

Valuation - The reimbursement made by the principal to the C&F Agent on account of various expenses do not form part of amount chargeable to Service Tax

Disallowance u/s 40A(3) read with Rule 6DD - expenses incurred in cash - payment through agent - There is no finding of the Ld.CIT(A) to the effect that the agent was...

Addition u/s 36(1)(ii) - payment of incentive to the Chairman and Managing director - CMD having substantive share holding - If it was a dividend which was paid in the...

Quick Updates: